Foundations Investment Advisors LLC Purchases Shares of 11,567 ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Foundations Investment Advisors LLC acquired a new position in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQFree Report) in the 4th quarter, Holdings Channel.com reports. The fund acquired 11,567 shares of the company’s stock, valued at approximately $360,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. IMC Chicago LLC increased its holdings in ProShares UltraPro Short QQQ by 40.6% during the 3rd quarter. IMC Chicago LLC now owns 3,875,258 shares of the company’s stock worth $28,638,000 after purchasing an additional 1,119,452 shares in the last quarter. RBF Capital LLC grew its holdings in shares of ProShares UltraPro Short QQQ by 230.7% during the third quarter. RBF Capital LLC now owns 1,671,427 shares of the company’s stock worth $12,352,000 after buying an additional 1,166,014 shares in the last quarter. Smithfield Trust Co raised its position in ProShares UltraPro Short QQQ by 138.8% in the 3rd quarter. Smithfield Trust Co now owns 764,000 shares of the company’s stock valued at $5,645,000 after buying an additional 444,000 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new stake in ProShares UltraPro Short QQQ in the 3rd quarter valued at approximately $1,848,000. Finally, Barclays PLC boosted its position in ProShares UltraPro Short QQQ by 157.8% during the 3rd quarter. Barclays PLC now owns 203,395 shares of the company’s stock worth $1,503,000 after acquiring an additional 124,500 shares during the last quarter.

ProShares UltraPro Short QQQ Stock Down 1.3 %

Shares of SQQQ opened at $28.85 on Friday. The company has a 50 day moving average of $30.19 and a 200-day moving average of $36.51. ProShares UltraPro Short QQQ has a twelve month low of $27.23 and a twelve month high of $64.95.

ProShares UltraPro Short QQQ Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8168 dividend. This is a positive change from ProShares UltraPro Short QQQ’s previous dividend of $0.75. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares UltraPro Short QQQ Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SQQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro Short QQQ (NASDAQ:SQQQFree Report).

Institutional Ownership by Quarter for ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

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