BXM Wealth LLC Purchases 100,544 Shares of ProShares UltraPro QQQ $TQQQ

Key Points

• BXM Wealth LLC boosted its stake in ProShares UltraPro QQQ (TQQQ) by 603.2% in Q4, acquiring 100,544 shares and ending the quarter with 117,213 shares worth about $6.18 million.
• Other institutions also increased exposure to TQQQ — for example, SteelPeak Wealth grew its position 135.8% to 71,575 shares (~$3.77M), Toth Financial raised holdings 93.4% to 105,351 shares (~$5.55M), and October Effect opened a new ~$3.24M stake.
• TQQQ is a triple‑leveraged ETF tracking 300% of the NASDAQ‑100; it opened at $43.33 (market cap ~$25.53B) and has a 1‑year range of $17.50–$60.69, and recently paid a quarterly dividend of $0.0716 per share (annualized yield ~0.7%).

BXM Wealth LLC boosted its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 603.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,213 shares of the exchange traded fund's stock after acquiring an additional 100,544 shares during the quarter. BXM Wealth LLC's holdings in ProShares UltraPro QQQ were worth $6,179,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TQQQ. Thurston Springer Miller Herd & Titak Inc. bought a new position in ProShares UltraPro QQQ during the 4th quarter valued at about $109,000. October Effect Ltd purchased a new stake in shares of ProShares UltraPro QQQ during the 4th quarter valued at about $3,242,000. SteelPeak Wealth LLC grew its stake in shares of ProShares UltraPro QQQ by 135.8% in the fourth quarter. SteelPeak Wealth LLC now owns 71,575 shares of the exchange traded fund's stock worth $3,773,000 after acquiring an additional 41,222 shares during the period. Toth Financial Advisory Corp raised its holdings in shares of ProShares UltraPro QQQ by 93.4% during the fourth quarter. Toth Financial Advisory Corp now owns 105,351 shares of the exchange traded fund's stock valued at $5,554,000 after purchasing an additional 50,867 shares during the last quarter. Finally, StoneCrest Wealth Management Inc. raised its holdings in shares of ProShares UltraPro QQQ by 86.7% during the fourth quarter. StoneCrest Wealth Management Inc. now owns 13,308 shares of the exchange traded fund's stock valued at $702,000 after purchasing an additional 6,181 shares during the last quarter.

ProShares UltraPro QQQ Price Performance

NASDAQ TQQQ opened at $43.33 on Monday. The stock has a market capitalization of $25.53 billion, a price-to-earnings ratio of 38.25 and a beta of 3.46. ProShares UltraPro QQQ has a 1-year low of $17.50 and a 1-year high of $60.69. The business's fifty day moving average price is $48.37 and its 200-day moving average price is $51.73.

ProShares UltraPro QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were issued a dividend of $0.0716 per share. This represents a $0.29 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, March 25th.

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.

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