Greenhouse Wealth Management LLC acquired a new position in ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,427 shares of the exchange traded fund's stock, valued at approximately $1,221,000. ProShares UltraPro QQQ accounts for 0.8% of Greenhouse Wealth Management LLC's portfolio, making the stock its 16th largest holding.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TQQQ. Physician Wealth Advisors Inc. raised its stake in shares of ProShares UltraPro QQQ by 1.9% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 7,723 shares of the exchange traded fund's stock valued at $565,000 after acquiring an additional 143 shares during the period. Sheaff Brock Investment Advisors LLC raised its position in ProShares UltraPro QQQ by 0.6% in the third quarter. Sheaff Brock Investment Advisors LLC now owns 26,075 shares of the exchange traded fund's stock valued at $1,890,000 after purchasing an additional 158 shares during the period. Capital Investment Advisors LLC lifted its stake in ProShares UltraPro QQQ by 0.4% during the third quarter. Capital Investment Advisors LLC now owns 44,082 shares of the exchange traded fund's stock worth $3,196,000 after purchasing an additional 178 shares in the last quarter. Golden State Equity Partners boosted its position in shares of ProShares UltraPro QQQ by 5.2% during the third quarter. Golden State Equity Partners now owns 4,182 shares of the exchange traded fund's stock worth $303,000 after buying an additional 205 shares during the period. Finally, Lauer Wealth LLC boosted its position in shares of ProShares UltraPro QQQ by 6.4% during the third quarter. Lauer Wealth LLC now owns 4,667 shares of the exchange traded fund's stock worth $335,000 after buying an additional 281 shares during the period.
ProShares UltraPro QQQ Price Performance
Shares of TQQQ stock traded up $3.91 on Friday, hitting $83.14. The stock had a trading volume of 43,493,276 shares, compared to its average volume of 54,731,445. The company's 50 day moving average price is $82.19 and its 200-day moving average price is $74.40. ProShares UltraPro QQQ has a 1 year low of $48.80 and a 1 year high of $93.79.
ProShares UltraPro QQQ Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.2754 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from ProShares UltraPro QQQ's previous dividend of $0.23.
About ProShares UltraPro QQQ
(
Free Report)
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.
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