Invesco QQQ (NASDAQ:QQQ) Shares Bought by Wealth Group Ltd

Wealth Group Ltd grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 6.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,584 shares of the exchange traded fund’s stock after purchasing an additional 102 shares during the period. Wealth Group Ltd’s holdings in Invesco QQQ were worth $810,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Private Client Services LLC increased its position in shares of Invesco QQQ by 18.0% in the 4th quarter. Private Client Services LLC now owns 7,452 shares of the exchange traded fund’s stock worth $3,810,000 after purchasing an additional 1,137 shares during the last quarter. Fulton Bank N.A. raised its position in shares of Invesco QQQ by 19.9% during the 4th quarter. Fulton Bank N.A. now owns 4,785 shares of the exchange traded fund’s stock worth $2,446,000 after purchasing an additional 793 shares during the period. Weaver Consulting Group lifted its holdings in shares of Invesco QQQ by 1.2% in the 4th quarter. Weaver Consulting Group now owns 3,610 shares of the exchange traded fund’s stock worth $1,845,000 after purchasing an additional 43 shares during the last quarter. Innova Wealth Partners increased its position in Invesco QQQ by 89.7% in the fourth quarter. Innova Wealth Partners now owns 4,529 shares of the exchange traded fund’s stock worth $2,316,000 after buying an additional 2,141 shares during the period. Finally, Legend Financial Advisors Inc. boosted its holdings in shares of Invesco QQQ by 0.3% during the fourth quarter. Legend Financial Advisors Inc. now owns 25,964 shares of the exchange traded fund’s stock valued at $13,273,000 after acquiring an additional 68 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ traded up $0.09 during mid-day trading on Wednesday, reaching $515.27. 30,630,389 shares of the company traded hands, compared to its average volume of 33,773,738. Invesco QQQ has a fifty-two week low of $401.71 and a fifty-two week high of $539.15. The stock has a fifty day simple moving average of $513.51 and a 200-day simple moving average of $490.39.

Invesco QQQ Dividend Announcement

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

Invesco QQQ Company 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.