B. Riley Wealth Advisors Inc. Sells 5,322 Shares of ProShares Short QQQ (NYSEARCA:PSQ)

B. Riley Wealth Advisors Inc. lowered its position in ProShares Short QQQ (NYSEARCA:PSQ) by 13.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,270 shares of the company’s stock after selling 5,322 shares during the period. B. Riley Wealth Advisors Inc. owned 0.27% of ProShares Short QQQ worth $1,332,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PSQ. OneDigital Investment Advisors LLC raised its position in ProShares Short QQQ by 2.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 31,647 shares of the company’s stock valued at $1,248,000 after purchasing an additional 905 shares during the last quarter. Atomi Financial Group Inc. raised its holdings in shares of ProShares Short QQQ by 4.3% in the third quarter. Atomi Financial Group Inc. now owns 58,112 shares of the company’s stock valued at $2,292,000 after buying an additional 2,414 shares during the last quarter. HBK Sorce Advisory LLC acquired a new position in ProShares Short QQQ during the 2nd quarter worth about $202,000. HTLF Bank bought a new stake in ProShares Short QQQ during the 3rd quarter worth about $221,000. Finally, Joule Financial LLC acquired a new stake in ProShares Short QQQ in the 3rd quarter valued at about $234,000.

ProShares Short QQQ Stock Down 1.4 %

Shares of NYSEARCA PSQ opened at $36.20 on Tuesday. ProShares Short QQQ has a 1-year low of $36.13 and a 1-year high of $49.10. The company has a 50-day moving average of $38.40 and a two-hundred day moving average of $40.22.

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.