Eastern Bank Raises Position in ProShares Short QQQ (NYSEARCA:PSQ)

Eastern Bank increased its position in shares of ProShares Short QQQ (NYSEARCA:PSQ) by 63.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,946 shares of the company’s stock after purchasing an additional 3,867 shares during the period. Eastern Bank’s holdings in ProShares Short QQQ were worth $372,000 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. OneDigital Investment Advisors LLC increased its position in ProShares Short QQQ by 2.9% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 31,647 shares of the company’s stock worth $1,248,000 after purchasing an additional 905 shares during the period. Atomi Financial Group Inc. raised its position in ProShares Short QQQ by 4.3% in the third quarter. Atomi Financial Group Inc. now owns 58,112 shares of the company’s stock worth $2,292,000 after acquiring an additional 2,414 shares in the last quarter. HTLF Bank acquired a new stake in ProShares Short QQQ in the third quarter valued at $221,000. Joule Financial LLC purchased a new stake in shares of ProShares Short QQQ during the 3rd quarter worth $234,000. Finally, Evergreen Capital Management LLC acquired a new position in shares of ProShares Short QQQ during the 2nd quarter worth $249,000.

ProShares Short QQQ Trading Up 0.1 %

Shares of NYSEARCA PSQ opened at $37.92 on Wednesday. ProShares Short QQQ has a 52 week low of $35.96 and a 52 week high of $48.30. The firm has a 50-day moving average price of $37.49 and a 200 day moving average price of $39.54.

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.