Greenhouse Wealth Management LLC Invests $1.27 Million in ProShares UltraPro QQQ $TQQQ

Greenhouse Wealth Management LLC acquired a new position in shares of ProShares UltraPro QQQ (NASDAQ:TQQQFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 15,533 shares of the exchange traded fund’s stock, valued at approximately $1,265,000. ProShares UltraPro QQQ comprises about 0.8% of Greenhouse Wealth Management LLC’s holdings, making the stock its 18th biggest holding.

Other institutional investors have also modified their holdings of the company. MRP Capital Investments LLC purchased a new stake in shares of ProShares UltraPro QQQ during the 1st quarter worth approximately $29,000. Columbia River Financial Group LLC purchased a new stake in shares of ProShares UltraPro QQQ during the 1st quarter worth approximately $47,000. Cranbrook Wealth Management LLC purchased a new stake in shares of ProShares UltraPro QQQ during the 2nd quarter worth approximately $87,000. Wolff Wiese Magana LLC purchased a new stake in shares of ProShares UltraPro QQQ during the 1st quarter worth approximately $94,000. Finally, Beacon Capital Management LLC lifted its position in shares of ProShares UltraPro QQQ by 32.8% during the 1st quarter. Beacon Capital Management LLC now owns 1,823 shares of the exchange traded fund’s stock worth $104,000 after buying an additional 450 shares during the last quarter.

ProShares UltraPro QQQ Trading Up 1.3%

Shares of NASDAQ:TQQQ opened at $102.60 on Tuesday. The company has a market capitalization of $31.62 billion, a PE ratio of 38.25 and a beta of 3.45. ProShares UltraPro QQQ has a twelve month low of $35.00 and a twelve month high of $105.08. The firm has a 50 day simple moving average of $92.80 and a 200-day simple moving average of $75.46.

ProShares UltraPro QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Wednesday, September 24th will be given a $0.0978 dividend. The ex-dividend date is Wednesday, September 24th. This represents a $0.39 annualized dividend and a yield of 0.4%.

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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Institutional Ownership by Quarter for ProShares UltraPro QQQ (NASDAQ:TQQQ)

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