One Plus One Wealth Management LLC Sells 173,405 Shares of ProShares Short QQQ (NYSEARCA:PSQ)

One Plus One Wealth Management LLC lessened its holdings in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 50.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 173,242 shares of the company’s stock after selling 173,405 shares during the quarter. ProShares Short QQQ accounts for approximately 3.8% of One Plus One Wealth Management LLC’s holdings, making the stock its 6th largest holding. One Plus One Wealth Management LLC’s holdings in ProShares Short QQQ were worth $6,479,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in PSQ. Spire Wealth Management acquired a new stake in ProShares Short QQQ during the 4th quarter worth $101,000. HTLF Bank acquired a new stake in shares of ProShares Short QQQ in the 3rd quarter valued at about $221,000. RiverTree Advisors LLC acquired a new stake in shares of ProShares Short QQQ in the 4th quarter valued at about $222,000. Joule Financial LLC acquired a new stake in shares of ProShares Short QQQ in the 3rd quarter valued at about $234,000. Finally, Eastern Bank acquired a new stake in shares of ProShares Short QQQ in the 3rd quarter valued at about $240,000.

ProShares Short QQQ Price Performance

PSQ opened at $36.37 on Thursday. The business’s 50-day moving average price is $36.86 and its two-hundred day moving average price is $39.03. ProShares Short QQQ has a 1 year low of $35.90 and a 1 year high of $47.24.

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.