Leuthold Group LLC Has $4.12 Million Position in ProShares Short QQQ $PSQ

Leuthold Group LLC decreased its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 64.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 122,369 shares of the company’s stock after selling 218,493 shares during the period. Leuthold Group LLC owned approximately 0.81% of ProShares Short QQQ worth $4,119,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. PNC Financial Services Group Inc. acquired a new position in shares of ProShares Short QQQ during the first quarter valued at about $25,000. Union Bancaire Privee UBP SA purchased a new position in shares of ProShares Short QQQ in the second quarter worth about $34,000. Banque Cantonale Vaudoise bought a new stake in shares of ProShares Short QQQ in the first quarter valued at approximately $98,000. Avior Wealth Management LLC bought a new stake in shares of ProShares Short QQQ in the second quarter valued at approximately $207,000. Finally, Foundations Investment Advisors LLC lifted its stake in shares of ProShares Short QQQ by 15.0% during the 2nd quarter. Foundations Investment Advisors LLC now owns 6,485 shares of the company’s stock valued at $218,000 after buying an additional 846 shares in the last quarter.

ProShares Short QQQ Trading Down 0.7%

ProShares Short QQQ stock opened at $30.26 on Friday. The firm has a 50 day simple moving average of $30.70 and a 200 day simple moving average of $32.74. ProShares Short QQQ has a 1-year low of $29.34 and a 1-year high of $46.98.

ProShares Short QQQ Company Profile

ProShares Short QQQ is focused on daily investment results that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents non-financial domestic and international issues listed on The NASDAQ Stock Market. The Fund takes positions in financial instruments (including derivatives) that in combination should have similar daily return characteristics as the inverse of the NASDAQ-100 Index.