46,924 Shares in ProShares Short QQQ $PSQ Purchased by Savior LLC

Savior LLC bought a new position in ProShares Short QQQ (NYSEARCA:PSQ) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 46,924 shares of the company’s stock, valued at approximately $1,417,000. ProShares Short QQQ accounts for approximately 5.1% of Savior LLC’s holdings, making the stock its 9th biggest position.

Other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. boosted its position in shares of ProShares Short QQQ by 146.7% in the second quarter. PNC Financial Services Group Inc. now owns 1,517 shares of the company’s stock worth $51,000 after buying an additional 902 shares during the period. JPMorgan Chase & Co. raised its position in ProShares Short QQQ by 190.2% during the second 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. Choreo LLC raised its position in ProShares Short QQQ by 32.4% during the second quarter. Choreo LLC now owns 9,561 shares of the company’s stock valued at $327,000 after buying an additional 2,337 shares during the period. Beacon Pointe Advisors LLC purchased a new stake in ProShares Short QQQ in the 2nd quarter worth about $842,000. Finally, Per Stirling Capital Management LLC. lifted its stake in ProShares Short QQQ by 161.6% in the 2nd quarter. Per Stirling Capital Management LLC. now owns 44,303 shares of the company’s stock worth $1,491,000 after acquiring an additional 27,368 shares in the last quarter.

ProShares Short QQQ Stock Performance

Shares of NYSEARCA PSQ opened at $33.31 on Tuesday. ProShares Short QQQ has a one year low of $29.24 and a one year high of $46.98. The business has a 50-day moving average price of $30.85 and a two-hundred day moving average price of $30.65.

ProShares Short QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be paid a $0.1536 dividend. This represents a $0.61 annualized dividend and a yield of 1.8%. The ex-dividend date is Wednesday, March 25th.

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.