Discipline Wealth Solutions LLC Invests $1.70 Million in ProShares UltraPro QQQ (NASDAQ:TQQQ)

Discipline Wealth Solutions LLC acquired a new stake in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 23,418 shares of the exchange traded fund's stock, valued at approximately $1,698,000. ProShares UltraPro QQQ makes up approximately 0.9% of Discipline Wealth Solutions LLC's investment portfolio, making the stock its 20th biggest holding.

Other large investors have also added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC purchased a new position in ProShares UltraPro QQQ during the 3rd quarter worth $32,000. Turim 21 Investimentos Ltda. grew its stake in shares of ProShares UltraPro QQQ by 98.5% during the second quarter. Turim 21 Investimentos Ltda. now owns 665 shares of the exchange traded fund's stock worth $49,000 after acquiring an additional 330 shares during the last quarter. Hantz Financial Services Inc. acquired a new position in shares of ProShares UltraPro QQQ during the second quarter valued at about $68,000. Signaturefd LLC raised its position in shares of ProShares UltraPro QQQ by 153.8% in the 3rd quarter. Signaturefd LLC now owns 1,081 shares of the exchange traded fund's stock valued at $78,000 after purchasing an additional 655 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in ProShares UltraPro QQQ by 235.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,541 shares of the exchange traded fund's stock worth $112,000 after purchasing an additional 1,082 shares during the last quarter.

ProShares UltraPro QQQ Trading Up 5.3 %

Shares of NASDAQ:TQQQ traded up $4.53 on Wednesday, hitting $89.29. 37,253,587 shares of the company were exchanged, compared to its average volume of 58,507,211. ProShares UltraPro QQQ has a 1-year low of $45.47 and a 1-year high of $89.62. The stock's 50 day moving average price is $76.98 and its 200 day moving average price is $71.91.

ProShares UltraPro QQQ Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were paid a $0.2302 dividend. This is a boost from ProShares UltraPro QQQ's previous dividend of $0.22. The ex-dividend date of this dividend was Wednesday, September 25th.

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.