TRU Independence Asset Management 2 LLC Purchases Shares of 12,000 ProShares Short QQQ (NYSEARCA:PSQ)

TRU Independence Asset Management 2 LLC acquired a new position in ProShares Short QQQ (NYSEARCA:PSQ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,000 shares of the company’s stock, valued at approximately $449,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. One Plus One Wealth Management LLC lifted its position in shares of ProShares Short QQQ by 3.2% during the 3rd quarter. One Plus One Wealth Management LLC now owns 346,647 shares of the company’s stock valued at $13,672,000 after buying an additional 10,810 shares in the last quarter. Kaydan Wealth Management Inc. raised its stake in ProShares Short QQQ by 99.8% during the 3rd quarter. Kaydan Wealth Management Inc. now owns 286,688 shares of the company’s stock worth $11,307,000 after acquiring an additional 143,221 shares during the period. AFG Fiduciary Services Limited Partnership lifted its holdings in ProShares Short QQQ by 347.6% during the fourth quarter. AFG Fiduciary Services Limited Partnership now owns 131,406 shares of the company’s stock valued at $4,871,000 after purchasing an additional 102,050 shares in the last quarter. Mirador Capital Partners LP bought a new position in shares of ProShares Short QQQ in the third quarter worth approximately $5,135,000. Finally, Hedges Asset Management LLC increased its stake in shares of ProShares Short QQQ by 3.5% in the fourth quarter. Hedges Asset Management LLC now owns 95,700 shares of the company’s stock worth $3,579,000 after purchasing an additional 3,200 shares in the last quarter.

ProShares Short QQQ Stock Performance

PSQ opened at $37.29 on Tuesday. The firm’s fifty day moving average is $37.23 and its 200 day moving average is $39.37. ProShares Short QQQ has a fifty-two week low of $35.90 and a fifty-two week high of $47.24.

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.