The ProShares UltraPro Short QQQ ETF (SQQQ) is a high-risk, 3x leveraged tool designed to benefit from declines in the Nasdaq 100 (QQQ). SQQQ can be strategically paired with a QQQ long position to hedge downside risk and incrementally strengthen overall portfolio returns. Success with SQQQ hinges on precise entry and exit timing, using technical indicators like MACD and RSI to capture short-term NDX pullbacks.
If you bought ProShares UltraPro Short QQQ (NASDAQ:SQQQ) a year ago to hedge a tech selloff, your bet against the Nasdaq-100 has cost you most of your money.
CreativeOne Wealth LLC acquired a new stake in shares of ProShares UltraPro Short QQQ (NASDAQ: SQQQ) during the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 54,537 shares of the company's stock, valued at approximately $831,000. A number of other institutional investors and hedge
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| ABB Alexander Bjornager Bonde Danske Bank A/S | 1 | $69 | $39.37 | -$29.63 | -42.94% |
| SAS Stephane Astruc/ Salomon Sebban J. Safra Sarasin Holding AG | 2,700 | $217,323 | $106,893 | -$110,430 | -50.81% |
Craig Kurth PCG Wealth Advisors LLC | 2,881 | $197,348.5 | $113,025.66 | -$84,322.84 | -42.73% |
| PSC PayPay Securities Corp. PayPay Securities Corp. | 979 | $67,061.84 | $38,205.47 | -$28,856.37 | -43.03% |
Kristofer Gray Integrity Financial Corp. /WA | 4,298 | $299,628.65 | $174,021.72 | -$125,606.93 | -41.92% |
| NASDAQ (NMS) Exchange | US Country |
The fund is designed to offer investors exposure to the 100 largest domestic and international non-financial companies listed on The Nasdaq Stock Market, based on market capitalization. Managed by ProShare Advisors, it employs financial instruments to aim for daily returns that align with its Daily Target, within a non-diversified fund structure. This strategic focus caters to investors seeking to capitalize on the performance of leading technology and biotech companies, among other sectors, within the Nasdaq.
This strategy is aimed at achieving daily returns that match the fund's predetermined Daily Target. By leveraging various financial instruments, ProShare Advisors seeks to closely align the day-to-day fund performance with its goals, making it an appealing choice for investors aiming for specific daily outcomes.
Investors gain exposure to a portfolio consisting of the 100 largest non-financial companies on the Nasdaq based on market capitalization. This includes a diverse range of leading technology and biotech companies, offering a unique blend of growth potentialities within these dynamic sectors.