214,646 Shares in ProShares Short QQQ (NYSEARCA:PSQ) Purchased by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP acquired a new position in ProShares Short QQQ (NYSEARCA:PSQ) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 214,646 shares of the company’s stock, valued at approximately $8,697,000. ProShares Short QQQ accounts for approximately 3.0% of Wakefield Asset Management LLLP’s portfolio, making the stock its 3rd largest holding. Wakefield Asset Management LLLP owned approximately 1.74% of ProShares Short QQQ at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Fox Hill Wealth Management increased its holdings in shares of ProShares Short QQQ by 1.1% in the 1st quarter. Fox Hill Wealth Management now owns 32,856 shares of the company’s stock worth $288,000 after acquiring an additional 343 shares during the period. Oxbow Advisors LLC increased its stake in ProShares Short QQQ by 0.9% during the 1st quarter. Oxbow Advisors LLC now owns 53,490 shares of the company’s stock valued at $469,000 after buying an additional 495 shares during the period. McKinley Carter Wealth Services Inc. increased its stake in ProShares Short QQQ by 2.0% during the 4th quarter. McKinley Carter Wealth Services Inc. now owns 72,252 shares of the company’s stock valued at $685,000 after buying an additional 1,426 shares during the period. ORG Partners LLC acquired a new position in ProShares Short QQQ during the 2nd quarter valued at about $71,000. Finally, PNC Financial Services Group Inc. increased its stake in ProShares Short QQQ by 85.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,630 shares of the company’s stock valued at $44,000 after buying an additional 2,130 shares during the period.

ProShares Short QQQ Price Performance

ProShares Short QQQ stock opened at $43.51 on Friday. ProShares Short QQQ has a 52 week low of $38.62 and a 52 week high of $57.24. The company’s 50-day moving average price is $41.27 and its two-hundred day moving average price is $42.96.

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.