UBS Group AG Has $41.81 Million Stock Position in ProShares Short QQQ $PSQ

UBS Group AG increased its position in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 129.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,384,348 shares of the company’s stock after purchasing an additional 780,849 shares during the quarter. UBS Group AG owned approximately 0.08% of ProShares Short QQQ worth $41,807,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. One Plus One Wealth Management LLC increased its position in ProShares Short QQQ by 64.9% in the 4th quarter. One Plus One Wealth Management LLC now owns 436,318 shares of the company’s stock valued at $13,177,000 after acquiring an additional 171,757 shares in the last quarter. Stratos Wealth Advisors LLC acquired a new stake in ProShares Short QQQ in the 3rd quarter valued at about $11,038,000. Arkadios Wealth Advisors increased its position in ProShares Short QQQ by 75.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 211,484 shares of the company’s stock valued at $6,564,000 after acquiring an additional 90,674 shares in the last quarter. Wakefield Asset Management LLLP increased its position in ProShares Short QQQ by 29.5% in the 3rd quarter. Wakefield Asset Management LLLP now owns 204,669 shares of the company’s stock valued at $6,353,000 after acquiring an additional 46,566 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its position in ProShares Short QQQ by 133.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 188,757 shares of the company’s stock valued at $5,859,000 after acquiring an additional 107,887 shares in the last quarter.

ProShares Short QQQ Stock Performance

PSQ opened at $26.81 on Friday. ProShares Short QQQ has a 1-year low of $26.57 and a 1-year high of $38.58. The firm has a 50-day moving average price of $30.34 and a two-hundred day moving average price of $30.32.

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. ProShares Short QQQ will not directly sell short the equity securities of issuers contained in the NASDAQ-100 Index.