CIBC Private Wealth Group LLC Has $149,000 Stock Holdings in ProShares Short QQQ (NYSEARCA:PSQ)

CIBC Private Wealth Group LLC trimmed its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 41.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,000 shares of the company’s stock after selling 2,844 shares during the period. CIBC Private Wealth Group LLC’s holdings in ProShares Short QQQ were worth $149,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Simplex Trading LLC increased its holdings in shares of ProShares Short QQQ by 36.6% in the 4th quarter. Simplex Trading LLC now owns 455,468 shares of the company’s stock valued at $17,034,000 after purchasing an additional 121,932 shares during the period. Stableford Capital II LLC purchased a new position in ProShares Short QQQ during the fourth quarter valued at approximately $12,091,000. Leuthold Group LLC increased its stake in ProShares Short QQQ by 1,230.3% in the 4th quarter. Leuthold Group LLC now owns 281,394 shares of the company’s stock valued at $10,524,000 after buying an additional 260,242 shares during the period. AFG Fiduciary Services Limited Partnership increased its stake in ProShares Short QQQ by 347.6% in the 4th quarter. AFG Fiduciary Services Limited Partnership now owns 131,406 shares of the company’s stock valued at $4,871,000 after buying an additional 102,050 shares during the period. Finally, Hedges Asset Management LLC lifted its position in ProShares Short QQQ by 3.5% in the 4th quarter. Hedges Asset Management LLC now owns 95,700 shares of the company’s stock worth $3,579,000 after buying an additional 3,200 shares in the last quarter.

ProShares Short QQQ Stock Performance

ProShares Short QQQ stock opened at $44.73 on Tuesday. ProShares Short QQQ has a 12 month low of $35.57 and a 12 month high of $47.24. The company’s fifty day simple moving average is $38.53 and its 200-day simple moving average is $38.26.

ProShares Short QQQ Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were paid a $0.3415 dividend. The ex-dividend date was Wednesday, March 26th.

About ProShares Short QQQ

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.