Headlands Technologies LLC Has $479,000 Stock Position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

Headlands Technologies LLC raised its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 177.5% in the fourth quarter, HoldingsChannel reports. The fund owned 35,634 shares of the company’s stock after purchasing an additional 22,793 shares during the quarter. Headlands Technologies LLC’s holdings in ProShares UltraPro Short QQQ were worth $479,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Per Stirling Capital Management LLC. grew its stake in ProShares UltraPro Short QQQ by 4.9% in the third quarter. Per Stirling Capital Management LLC. now owns 15,566 shares of the company’s stock valued at $318,000 after acquiring an additional 725 shares during the period. Spire Wealth Management lifted its holdings in shares of ProShares UltraPro Short QQQ by 86.7% in the third quarter. Spire Wealth Management now owns 1,867 shares of the company’s stock valued at $38,000 after purchasing an additional 867 shares in the last quarter. Hoey Investments Inc. lifted its holdings in shares of ProShares UltraPro Short QQQ by 100.0% in the third quarter. Hoey Investments Inc. now owns 2,000 shares of the company’s stock valued at $41,000 after purchasing an additional 1,000 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of ProShares UltraPro Short QQQ by 11.9% in the third quarter. PNC Financial Services Group Inc. now owns 14,123 shares of the company’s stock valued at $289,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Larson Financial Group LLC lifted its holdings in shares of ProShares UltraPro Short QQQ by 369.2% in the fourth quarter. Larson Financial Group LLC now owns 2,116 shares of the company’s stock valued at $28,000 after purchasing an additional 1,665 shares in the last quarter.

ProShares UltraPro Short QQQ Stock Down 4.8 %

Shares of SQQQ stock traded down $0.57 during trading hours on Friday, reaching $11.43. The company had a trading volume of 137,289,047 shares, compared to its average volume of 138,346,656. ProShares UltraPro Short QQQ has a 12 month low of $10.05 and a 12 month high of $31.19. The business has a fifty day simple moving average of $11.07 and a 200-day simple moving average of $13.96.

ProShares UltraPro Short QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were issued a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, March 20th.

About ProShares UltraPro Short QQQ

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.