Oxbow Advisors LLC Reduces Stock Position in ProShares Short QQQ (NYSEARCA:PSQ)

Oxbow Advisors LLC trimmed its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 22.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,345 shares of the company’s stock after selling 2,353 shares during the period. Oxbow Advisors LLC owned 0.07% of ProShares Short QQQ worth $329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in PSQ. Wakefield Asset Management LLLP purchased a new stake in ProShares Short QQQ during the second quarter worth approximately $8,697,000. Kaydan Wealth Management Inc. lifted its position in shares of ProShares Short QQQ by 99.8% during the 3rd quarter. Kaydan Wealth Management Inc. now owns 286,688 shares of the company’s stock worth $11,307,000 after buying an additional 143,221 shares during the last quarter. Mirador Capital Partners LP acquired a new position in shares of ProShares Short QQQ in the 3rd quarter valued at $5,135,000. TAP Consulting LLC purchased a new position in shares of ProShares Short QQQ in the 2nd quarter valued at $5,228,000. Finally, Atomi Financial Group Inc. raised its stake in ProShares Short QQQ by 74.9% during the 1st quarter. Atomi Financial Group Inc. now owns 273,740 shares of the company’s stock worth $2,398,000 after acquiring an additional 117,252 shares in the last quarter.

ProShares Short QQQ Price Performance

PSQ traded down $0.01 on Friday, reaching $37.67. The company had a trading volume of 3,187,466 shares, compared to its average volume of 3,792,167. The stock has a 50-day moving average price of $40.04 and a 200-day moving average price of $41.45. ProShares Short QQQ has a 1 year low of $37.62 and a 1 year high of $53.15.

About ProShares Short QQQ

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.