AFG Fiduciary Services Limited Partnership Sells 63,455 Shares of ProShares Short QQQ (NYSEARCA:PSQ)

AFG Fiduciary Services Limited Partnership cut its position in ProShares Short QQQ (NYSEARCA:PSQ) by 68.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,356 shares of the company’s stock after selling 63,455 shares during the quarter. ProShares Short QQQ accounts for about 0.4% of AFG Fiduciary Services Limited Partnership’s holdings, making the stock its 24th biggest holding. AFG Fiduciary Services Limited Partnership owned about 0.24% of ProShares Short QQQ worth $1,148,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. HTLF Bank bought a new position in ProShares Short QQQ in the 3rd quarter valued at approximately $221,000. Atomi Financial Group Inc. raised its stake in shares of ProShares Short QQQ by 4.3% during the third quarter. Atomi Financial Group Inc. now owns 58,112 shares of the company’s stock valued at $2,292,000 after acquiring an additional 2,414 shares during the last quarter. Mirador Capital Partners LP acquired a new position in shares of ProShares Short QQQ during the third quarter worth $5,135,000. SG Americas Securities LLC bought a new stake in shares of ProShares Short QQQ in the third quarter worth $428,000. Finally, PVG Asset Management Corp bought a new stake in shares of ProShares Short QQQ in the second quarter worth $379,000.

ProShares Short QQQ Stock Up 1.4 %

Shares of NYSEARCA:PSQ opened at $39.32 on Wednesday. ProShares Short QQQ has a 12-month low of $38.62 and a 12-month high of $57.24. The business has a fifty day simple moving average of $41.07 and a 200 day simple moving average of $42.17.

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.