Simplex Trading LLC Sells 316,408 Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Simplex Trading LLC cut its stake in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 69.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 137,122 shares of the company’s stock after selling 316,408 shares during the period. Simplex Trading LLC owned about 0.20% of ProShares UltraPro Short QQQ worth $4,269,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SQQQ. Horizon Kinetics Asset Management LLC grew its stake in shares of ProShares UltraPro Short QQQ by 6.2% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 65,719 shares of the company’s stock valued at $486,000 after acquiring an additional 3,822 shares during the period. RBF Capital LLC boosted its position in shares of ProShares UltraPro Short QQQ by 230.7% in the third quarter. RBF Capital LLC now owns 1,671,427 shares of the company’s stock worth $12,352,000 after purchasing an additional 1,166,014 shares during the period. Kovitz Investment Group Partners LLC bought a new stake in shares of ProShares UltraPro Short QQQ during the 3rd quarter valued at $1,848,000. Barclays PLC lifted its stake in shares of ProShares UltraPro Short QQQ by 157.8% during the 3rd quarter. Barclays PLC now owns 203,395 shares of the company’s stock valued at $1,503,000 after buying an additional 124,500 shares in the last quarter. Finally, World Investment Advisors LLC boosted its holdings in ProShares UltraPro Short QQQ by 51.0% in the 3rd quarter. World Investment Advisors LLC now owns 28,000 shares of the company’s stock worth $207,000 after buying an additional 9,463 shares during the period.

ProShares UltraPro Short QQQ Price Performance

NASDAQ:SQQQ opened at $33.52 on Wednesday. The business’s 50-day simple moving average is $31.18 and its two-hundred day simple moving average is $33.17. ProShares UltraPro Short QQQ has a 52 week low of $26.21 and a 52 week high of $64.95.

ProShares UltraPro Short QQQ Company 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.