PCG Wealth Advisors LLC Has $249,000 Stock Holdings in ProShares UltraPro Short QQQ (NASDAQ:SQQQ)

PCG Wealth Advisors LLC reduced its stake in shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ) by 80.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,000 shares of the company’s stock after selling 32,000 shares during the period. PCG Wealth Advisors LLC’s holdings in ProShares UltraPro Short QQQ were worth $249,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of SQQQ. Peoples Bank KS acquired a new stake in shares of ProShares UltraPro Short QQQ in the 4th quarter valued at $62,000. Strategic Investment Solutions Inc. IL acquired a new stake in ProShares UltraPro Short QQQ in the second quarter valued at about $29,000. TFB Advisors LLC bought a new position in ProShares UltraPro Short QQQ in the third quarter valued at about $131,000. CWA Asset Management Group LLC bought a new position in ProShares UltraPro Short QQQ in the third quarter valued at about $133,000. Finally, SG Americas Securities LLC raised its stake in 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 acquiring an additional 3,679 shares in the last quarter.

ProShares UltraPro Short QQQ Stock Up 1.8 %

Shares of ProShares UltraPro Short QQQ stock opened at $27.93 on Monday. The firm’s 50 day moving average is $30.54 and its 200 day moving average is $36.73. ProShares UltraPro Short QQQ has a 1 year low of $27.23 and a 1 year high of $64.95.

ProShares UltraPro Short QQQ Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid 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 of this dividend was Monday, December 23rd.

ProShares UltraPro Short QQQ 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.