ProShares UltraPro Short QQQSQQQ
SQQQ
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
195% more call options, than puts
Call options by funds: $105M | Put options by funds: $35.6M
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0.88% less ownership
Funds ownership: 4.43% [Q2] → 3.55% (-0.88%) [Q3]
9% less funds holding
Funds holding: 100 [Q2] → 91 (-9) [Q3]
27% less capital invested
Capital invested by funds: $124M [Q2] → $91M (-$33M) [Q3]
27% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 33
Research analyst outlook
We haven’t received any recent analyst ratings for SQQQ.
Financial journalist opinion
Neutral
Seeking Alpha
3 weeks ago
SQQQ, EQLS, And Fighting The Urge To Short
The UltraPro Short QQQ ETF is highly risky for retail investors due to its leverage and potential for total loss over time. Fundamental and technical indicators suggest the Nasdaq-100 is overextended, but timing a short position is extremely challenging and risky. Simplify Market Neutral Equity Long/Short ETF offers a safer alternative for aggressive investors, balancing long and short positions without market risk.
Neutral
Zacks Investment Research
2 months ago
10 Most Heavily Traded ETFs of Q3
We have highlighted 10 ETFs that have seen higher average volumes in the third quarter and are thus the top 10 funds in terms of trading volume.
Neutral
Seeking Alpha
3 months ago
SQQQ: Red Flags For Market Euphoria
The Fed's 50bps cut led to market euphoria, and the S&P500 broke to new all-time highs. However, market internals showed sluggish performance with fewer stocks breaking out and leading stocks like the "Mag 7" stuck in range. Seasonality, stretched valuations, and crowded trades suggest "Mag 7" stocks may not lead soon, impacting QQQ's rally sustainability.
Negative
Seeking Alpha
3 months ago
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.
Positive
Invezz
3 months ago
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.
Negative
Zacks Investment Research
4 months ago
Play These Inverse ETFs on Apparent "AI Fatigue"
Wednesday's massive tech selloff points to near-term uncertainties surrounding AI investments.
Negative
Invezz
4 months ago
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.
Negative
Seeking Alpha
5 months ago
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.
Neutral
Zacks Investment Research
5 months ago
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.
Neutral
24/7 Wall Street
6 months ago
SQQQ vs. TQQQ: Which Leveraged ETF Should You Buy?
Leveraged ETFs have become increasingly popular with investors looking to magnify their returns fast.
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