Discipline Wealth Solutions LLC Has $3.32 Million Position in ProShares UltraPro QQQ $TQQQ

Discipline Wealth Solutions LLC raised its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 53.0% in the first quarter, HoldingsChannel.com reports. The firm owned 79,641 shares of the exchange traded fund’s stock after buying an additional 27,579 shares during the period. Discipline Wealth Solutions LLC’s holdings in ProShares UltraPro QQQ were worth $3,319,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. WFA of San Diego LLC bought a new position in shares of ProShares UltraPro QQQ in the second quarter valued at $25,000. CoreCap Advisors LLC increased its position in shares of ProShares UltraPro QQQ by 69.8% during the fourth quarter. CoreCap Advisors LLC now owns 584 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 240 shares in the last quarter. BOKF NA acquired a new stake in shares of ProShares UltraPro QQQ in the 3rd quarter worth about $31,000. Rothschild Investment LLC raised its holdings in shares of ProShares UltraPro QQQ by 100.0% in the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 350 shares during the last quarter. Finally, Dogwood Wealth Management LLC bought a new position in ProShares UltraPro QQQ in the 4th quarter valued at about $44,000.

ProShares UltraPro QQQ Stock Performance

TQQQ stock opened at $82.58 on Tuesday. The business has a 50-day simple moving average of $72.20 and a two-hundred day simple moving average of $58.25. The company has a market capitalization of $40.72 billion, a P/E ratio of 38.25 and a beta of 3.71. ProShares UltraPro QQQ has a 52-week low of $35.71 and a 52-week high of $88.09.

ProShares UltraPro QQQ Profile

Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.