Amplius Wealth Advisors LLC Buys 1,028 Shares of Invesco QQQ (NASDAQ:QQQ)

Amplius Wealth Advisors LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,767 shares of the exchange traded fund’s stock after buying an additional 1,028 shares during the period. Invesco QQQ comprises approximately 3.6% of Amplius Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. Amplius Wealth Advisors LLC’s holdings in Invesco QQQ were worth $35,154,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mitchell Mcleod Pugh & Williams Inc. lifted its holdings in Invesco QQQ by 2.4% during the 4th quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 5,908 shares of the exchange traded fund’s stock valued at $3,020,000 after purchasing an additional 137 shares during the last quarter. Zhang Financial LLC increased its holdings in shares of Invesco QQQ by 11.9% during the fourth quarter. Zhang Financial LLC now owns 6,046 shares of the exchange traded fund’s stock worth $3,091,000 after buying an additional 642 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Invesco QQQ by 3.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,216 shares of the exchange traded fund’s stock valued at $622,000 after acquiring an additional 36 shares during the last quarter. SFG Wealth Management LLC. raised its stake in shares of Invesco QQQ by 9.3% in the fourth quarter. SFG Wealth Management LLC. now owns 1,732 shares of the exchange traded fund’s stock valued at $885,000 after acquiring an additional 147 shares during the last quarter. Finally, Capital Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 8.9% in the 4th quarter. Capital Wealth Management LLC now owns 1,688 shares of the exchange traded fund’s stock worth $863,000 after acquiring an additional 138 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

QQQ stock opened at $521.74 on Tuesday. The business has a fifty day moving average price of $515.94 and a 200 day moving average price of $492.12. Invesco QQQ has a fifty-two week low of $409.16 and a fifty-two week high of $539.15.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.