Baird Financial Group Inc. Sells 15,684 Shares of ProShares Short QQQ (PSQ)

Baird Financial Group Inc. decreased its position in ProShares Short QQQ (NYSEARCA:PSQ) by 11.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,021 shares of the company’s stock after selling 15,684 shares during the quarter. Baird Financial Group Inc. owned 0.92% of ProShares Short QQQ worth $3,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the stock. SeaBridge Investment Advisors LLC bought a new stake in ProShares Short QQQ in the third quarter valued at approximately $190,000. Dakota Wealth Management bought a new stake in ProShares Short QQQ in the third quarter valued at approximately $460,000. Addison Capital Co bought a new stake in ProShares Short QQQ in the third quarter valued at approximately $614,000. Tower Research Capital LLC TRC lifted its position in ProShares Short QQQ by 35.5% in the second quarter. Tower Research Capital LLC TRC now owns 48,152 shares of the company’s stock valued at $1,529,000 after purchasing an additional 12,619 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in ProShares Short QQQ in the third quarter valued at approximately $1,613,000.

Shares of ProShares Short QQQ stock opened at $33.26 on Friday. ProShares Short QQQ has a 52 week low of $28.99 and a 52 week high of $36.74.

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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.

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

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