Simplicity Wealth LLC Purchases Shares of 39,226 ProShares Short QQQ $PSQ

Simplicity Wealth LLC purchased a new stake in ProShares Short QQQ (NYSEARCA:PSQ) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 39,226 shares of the company’s stock, valued at approximately $1,185,000.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of ProShares Short QQQ by 190.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,959 shares of the company’s stock valued at $268,000 after buying an additional 5,216 shares during the period. Squarepoint Ops LLC grew its stake in shares of ProShares Short QQQ by 63.1% during the 2nd quarter. Squarepoint Ops LLC now owns 116,318 shares of the company’s stock valued at $3,915,000 after buying an additional 44,998 shares during the period. BNP Paribas Financial Markets grew its stake in shares of ProShares Short QQQ by 2,358.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 885 shares of the company’s stock valued at $30,000 after buying an additional 849 shares during the period. Two Sigma Securities LLC grew its stake in shares of ProShares Short QQQ by 3.2% during the 2nd quarter. Two Sigma Securities LLC now owns 28,102 shares of the company’s stock valued at $946,000 after buying an additional 867 shares during the period. Finally, Corient Private Wealth LLC purchased a new stake in shares of ProShares Short QQQ during the 2nd quarter valued at $427,000.

ProShares Short QQQ Price Performance

Shares of NYSEARCA PSQ opened at $28.15 on Thursday. ProShares Short QQQ has a 52-week low of $28.01 and a 52-week high of $40.31. The firm has a fifty day moving average of $30.63 and a 200-day moving average of $30.43.

ProShares Short QQQ 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.