SBI Securities Co. Ltd. Acquires Shares of 13,590 ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

SBI Securities Co. Ltd. acquired a new stake in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 13,590 shares of the company’s stock, valued at approximately $423,000.

Other hedge funds have also recently modified their holdings of the company. Centerpoint Advisors LLC increased its position in shares of ProShares UltraPro Short QQQ by 20.0% during the fourth quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company’s stock valued at $187,000 after buying an additional 1,000 shares during the period. Compagnie Lombard Odier SCmA increased its position in shares of ProShares UltraPro Short QQQ by 3,357.5% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 16,596 shares of the company’s stock valued at $517,000 after buying an additional 16,116 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of ProShares UltraPro Short QQQ during the fourth quarter valued at about $439,000. Hodges Capital Management Inc. purchased a new position in shares of ProShares UltraPro Short QQQ during the fourth quarter valued at about $623,000. Finally, Ridgepath Capital Management LLC increased its position in shares of ProShares UltraPro Short QQQ by 761.2% during the fourth quarter. Ridgepath Capital Management LLC now owns 103,348 shares of the company’s stock valued at $3,218,000 after buying an additional 91,348 shares during the period.

ProShares UltraPro Short QQQ Trading Up 1.1 %

Shares of NASDAQ SQQQ opened at $33.81 on Wednesday. ProShares UltraPro Short QQQ has a 1 year low of $26.21 and a 1 year high of $64.95. The company’s 50-day moving average is $29.28 and its 200 day moving average is $33.84.

ProShares UltraPro Short QQQ Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.8168 per share. The ex-dividend date was Monday, December 23rd. This is a boost from ProShares UltraPro Short QQQ’s previous dividend of $0.75.

ProShares UltraPro Short QQQ Profile

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.