Raymond James Financial Services Advisors Inc. Purchases New Stake in ProShares Short QQQ (NYSEARCA:PSQ)

Raymond James Financial Services Advisors Inc. bought a new stake in shares of ProShares Short QQQ (NYSEARCA:PSQ) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,000 shares of the company’s stock, valued at approximately $241,000.

A number of other large investors have also added to or reduced their stakes in PSQ. Financial Management Professionals Inc. bought a new stake in shares of ProShares Short QQQ in the 4th quarter valued at approximately $64,000. JFS Wealth Advisors LLC bought a new stake in shares of ProShares Short QQQ in the 4th quarter valued at approximately $172,000. Simplex Trading LLC grew its stake in shares of ProShares Short QQQ by 12.2% in the 4th quarter. Simplex Trading LLC now owns 5,252 shares of the company’s stock valued at $180,000 after buying an additional 572 shares in the last quarter. Private Advisor Group LLC bought a new stake in shares of ProShares Short QQQ in the 4th quarter valued at approximately $236,000. Finally, SeaBridge Investment Advisors LLC grew its stake in shares of ProShares Short QQQ by 26.9% in the 4th quarter. SeaBridge Investment Advisors LLC now owns 8,250 shares of the company’s stock valued at $284,000 after buying an additional 1,750 shares in the last quarter.

ProShares Short QQQ stock traded down $0.01 during trading hours on Friday, reaching $27.82. 999,264 shares of the company were exchanged, compared to its average volume of 1,749,750. ProShares Short QQQ has a 12 month low of $27.72 and a 12 month high of $37.22.

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were given a dividend of $0.1014 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $0.41 dividend on an annualized basis and a yield of 1.46%.

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ProShares Short QQQ 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.

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Institutional Ownership by Quarter for ProShares Short QQQ (NYSEARCA:PSQ)

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