ProShares UltraPro Short QQQ
SQQQ

$8.32

1.84%

Market Cap: $2.38B

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

207% more call options, than puts

Call options by funds: $85.5M | Put options by funds: $27.8M

41% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 22

0.09% less ownership

Funds ownership: 4.37% [Q1] → 4.27% (-0.09%) [Q2]

9% less funds holding

Funds holding: 109 [Q1] → 99 (-10) [Q2]

13% less capital invested

Capital invested by funds: $138M [Q1] → $120M (-$17.9M) [Q2]

28% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 36

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for SQQQ.

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Financial journalist opinion

SQQQ Can Bring Trading Appeal During The Upcoming Fed Meeting

The SQQQ ETF offers 3x inverse daily returns on the NASDAQ-100 Index, ideal for single-day trades due to daily resets. Economic indicators suggest a softening economy, with mixed CPI data and more contractionary ISM-PMI prints, impacting consumer and discretionary spending. AI/ML applications are driving enterprise efficiency, but economic hardships may impact the broader market, which may indirectly affect NASDAQ's top constituents, leading to heightened market volatility.

SQQQ Can Bring Trading Appeal During The Upcoming Fed Meeting

TQQQ vs SQQQ: better ETF to buy as the Nasdaq 100 index falls?

The ProShares UltraPro QQQ (TQQQ) and ProShares UltraPro Short QQQ (SQQQ) ETFs moved in different directions on the first trading day of September. SQQQ surged by over 9.15% while the TQQQ fund crashed by a similar amount.

TQQQ vs SQQQ: better ETF to buy as the Nasdaq 100 index falls?

Zacks Investment Research

Play These Inverse ETFs on Apparent "AI Fatigue"

Wednesday's massive tech selloff points to near-term uncertainties surrounding AI investments.

Play These Inverse ETFs on Apparent "AI Fatigue"

As the Nasdaq 100 index sinks, is it time to buy SQQQ ETF?

The Nasdaq 100 index suffered a harsh reversal on Wednesday as the market reacted to the mixed earnings by Tesla and Alphabet. It slipped by more than 505 points, its worst single-day drop since 2022.

As the Nasdaq 100 index sinks, is it time to buy SQQQ ETF?

SQQQ: Can Offer Better Than -3x Returns

ProShares UltraPro Short QQQ ETF provides -3x exposure to the Nasdaq. Its returns are slightly better than -3x due to low volatility and high index moves. SQQQ also accumulates a dividend. SQQQ is best suited for short-term trading and is a high risk, high reward. Holding long-term can trap you in an unrecoverable position.

SQQQ: Can Offer Better Than -3x Returns

Zacks Investment Research

10 Most Heavily Traded ETFs of Q2

We have highlighted 10 ETFs that have seen higher average volumes in the second quarter and are thus the top 10 funds in terms of trading volume.

10 Most Heavily Traded ETFs of Q2

24/7 Wall Street

SQQQ vs. TQQQ: Which Leveraged ETF Should You Buy?

Leveraged ETFs have become increasingly popular with investors looking to magnify their returns fast.

SQQQ vs. TQQQ: Which Leveraged ETF Should You Buy?

SQQQ vs TQQQ: One is a better Nasdaq 100 ETF by far

The UltraPro Short QQQ (SQQQ) and UltraPro QQQ (QQQ) ETFs have diverged this year as American tech stocks surged. The Nasdaq 100 index, which tracks the biggest technology companies in the US, has jumped by 11% while the TQQQ rose by 27%.

SQQQ vs TQQQ: One is a better Nasdaq 100 ETF by far

24/7 Wall Street

SQQQ And The Painful Lesson For Betting Against the Stock Market

Most investors know the market goes up over time. Indeed, over the very long-term, bears are likely to get crushed.

SQQQ And The Painful Lesson For Betting Against the Stock Market

Top Performing Leveraged/Inverse ETFs: 04/21/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 04/21/2024

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