PCG Wealth Advisors LLC Sells 32,000 Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

PCG Wealth Advisors LLC cut its position in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 80.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,000 shares of the company’s stock after selling 32,000 shares during the quarter. PCG Wealth Advisors LLC’s holdings in ProShares UltraPro Short QQQ were worth $249,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Peoples Bank KS bought a new position in ProShares UltraPro Short QQQ in the 4th quarter valued at about $62,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ProShares UltraPro Short QQQ in the second quarter valued at approximately $29,000. SG Americas Securities LLC increased its stake in shares of ProShares UltraPro Short QQQ by 25.5% during the third quarter. SG Americas Securities LLC now owns 18,090 shares of the company’s stock worth $134,000 after purchasing an additional 3,679 shares during the period. Horizon Kinetics Asset Management LLC lifted its holdings in 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 worth $486,000 after purchasing an additional 3,822 shares during the last quarter. Finally, World Investment Advisors LLC boosted its stake 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 valued at $207,000 after purchasing an additional 9,463 shares during the period.

ProShares UltraPro Short QQQ Stock Up 1.8 %

Shares of NASDAQ SQQQ opened at $27.93 on Monday. ProShares UltraPro Short QQQ has a one year low of $27.23 and a one year high of $64.95. The stock’s fifty day moving average price is $30.54 and its two-hundred day moving average price is $36.73.

ProShares UltraPro Short QQQ Increases Dividend

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

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.