ProShares UltraPro Short QQQ $SQQQ Shares Sold by Simplex Trading LLC

Simplex Trading LLC lowered its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 51.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 146,477 shares of the company’s stock after selling 155,011 shares during the period. Simplex Trading LLC owned about 0.44% of ProShares UltraPro Short QQQ worth $10,034,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC acquired a new stake in ProShares UltraPro Short QQQ in the fourth quarter valued at about $29,000. Osaic Holdings Inc. increased its holdings in ProShares UltraPro Short QQQ by 47.2% in the second quarter. Osaic Holdings Inc. now owns 2,170 shares of the company’s stock valued at $42,000 after buying an additional 696 shares in the last quarter. Parallel Advisors LLC increased its holdings in ProShares UltraPro Short QQQ by 105.4% in the third quarter. Parallel Advisors LLC now owns 1,992 shares of the company’s stock valued at $30,000 after buying an additional 1,022 shares in the last quarter. FNY Investment Advisers LLC increased its holdings in ProShares UltraPro Short QQQ by 25.7% in the fourth quarter. FNY Investment Advisers LLC now owns 5,278 shares of the company’s stock valued at $361,000 after buying an additional 1,078 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC purchased a new position in ProShares UltraPro Short QQQ in the fourth quarter valued at about $206,000.

ProShares UltraPro Short QQQ Stock Up 6.0%

Shares of ProShares UltraPro Short QQQ stock opened at $45.25 on Thursday. The company has a 50-day moving average of $51.71 and a two-hundred day moving average of $63.67. ProShares UltraPro Short QQQ has a 12-month low of $36.55 and a 12-month high of $115.80.

ProShares UltraPro Short QQQ Profile

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market. The Fund invests in derivatives. It also invests in short-term cash instruments, which have a remaining maturity of 397 days or less and exhibit high quality credit profiles.