Discipline Wealth Solutions LLC Acquires 27,579 Shares of ProShares UltraPro QQQ $TQQQ

Discipline Wealth Solutions LLC raised its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ) by 53.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 79,641 shares of the exchange traded fund’s stock after acquiring an additional 27,579 shares during the quarter. Discipline Wealth Solutions LLC’s holdings in ProShares UltraPro QQQ were worth $3,319,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Sherman Wealth Management LLC acquired a new stake in shares of ProShares UltraPro QQQ in the fourth quarter valued at about $2,249,000. Paragon Advisors LLC lifted its stake in shares of ProShares UltraPro QQQ by 104.6% in the fourth quarter. Paragon Advisors LLC now owns 146,543 shares of the exchange traded fund’s stock worth $7,726,000 after acquiring an additional 74,933 shares during the period. Spire Wealth Management lifted its stake in shares of ProShares UltraPro QQQ by 4,456.0% in the fourth quarter. Spire Wealth Management now owns 28,657 shares of the exchange traded fund’s stock worth $1,511,000 after acquiring an additional 28,028 shares during the period. MFG Wealth Management Inc. boosted its holdings in ProShares UltraPro QQQ by 98.3% in the fourth quarter. MFG Wealth Management Inc. now owns 67,453 shares of the exchange traded fund’s stock valued at $3,556,000 after acquiring an additional 33,442 shares during the last quarter. Finally, Diversified Trust Co. boosted its holdings in ProShares UltraPro QQQ by 100.0% in the fourth quarter. Diversified Trust Co. now owns 110,000 shares of the exchange traded fund’s stock valued at $5,799,000 after acquiring an additional 55,000 shares during the last quarter.

ProShares UltraPro QQQ Stock Performance

ProShares UltraPro QQQ stock opened at $82.58 on Tuesday. ProShares UltraPro QQQ has a 52-week low of $35.71 and a 52-week high of $88.09. The firm has a 50 day moving average price of $72.20 and a two-hundred day moving average price of $58.25. The firm has a market cap of $40.72 billion, a price-to-earnings ratio of 38.25 and a beta of 3.71.

About ProShares UltraPro QQQ

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.