Discipline Wealth Solutions LLC Raises Holdings in ProShares UltraPro QQQ $TQQQ

Key Points

• Discipline Wealth Solutions LLC increased its stake in ProShares UltraPro QQQ (TQQQ) by 161% in Q4, adding 32,113 shares to hold 52,062 shares worth about $2.745 million.
• TQQQ shares were up ~4.2% and traded at $55.65 (50‑day MA $47.53, 200‑day MA $51.63) with a 52‑week range of $20.12–$60.69 and a market cap of $30.91 billion; the fund also paid a quarterly dividend of $0.0716 per share (annualized $0.29, ~0.5% yield).

Discipline Wealth Solutions LLC increased its holdings in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) by 161.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 52,062 shares of the exchange traded fund's stock after acquiring an additional 32,113 shares during the period. Discipline Wealth Solutions LLC's holdings in ProShares UltraPro QQQ were worth $2,745,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. 25 LLC grew its position in ProShares UltraPro QQQ by 1.5% in the third quarter. 25 LLC now owns 9,228 shares of the exchange traded fund's stock worth $954,000 after acquiring an additional 135 shares during the period. Millington Financial Advisors LLC lifted its stake in ProShares UltraPro QQQ by 1.4% during the third quarter. Millington Financial Advisors LLC now owns 11,327 shares of the exchange traded fund's stock worth $1,169,000 after purchasing an additional 157 shares in the last quarter. Merit Financial Group LLC lifted its stake in ProShares UltraPro QQQ by 2.1% during the third quarter. Merit Financial Group LLC now owns 7,642 shares of the exchange traded fund's stock worth $790,000 after purchasing an additional 158 shares in the last quarter. Rodgers & Associates LTD lifted its stake in ProShares UltraPro QQQ by 4.8% during the fourth quarter. Rodgers & Associates LTD now owns 4,404 shares of the exchange traded fund's stock worth $232,000 after purchasing an additional 202 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its stake in 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 purchasing an additional 240 shares in the last quarter.

ProShares UltraPro QQQ Stock Up 4.2%

NASDAQ:TQQQ opened at $55.65 on Thursday. The stock's fifty day moving average is $47.53 and its two-hundred day moving average is $51.63. ProShares UltraPro QQQ has a 52 week low of $20.12 and a 52 week high of $60.69. The stock has a market capitalization of $30.91 billion, a price-to-earnings ratio of 38.25 and a beta of 3.53.

ProShares UltraPro QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were paid a dividend of $0.0716 per share. This represents a $0.29 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Wednesday, March 25th.

ProShares UltraPro QQQ Company 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.

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