Ignite Planners LLC Purchases 167 Shares of Invesco QQQ (NASDAQ:QQQ)

Ignite Planners LLC boosted its position in Invesco QQQ (NASDAQ:QQQ) by 4.0% in the 4th quarter, Holdings Channel reports. The firm owned 4,312 shares of the exchange traded fund’s stock after buying an additional 167 shares during the quarter. Ignite Planners LLC’s holdings in Invesco QQQ were worth $2,236,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in QQQ. International Assets Investment Management LLC raised its stake in shares of Invesco QQQ by 46,491.6% during the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after acquiring an additional 32,516,210 shares in the last quarter. Granite Bay Wealth Management LLC raised its stake in shares of Invesco QQQ by 6,215.5% during the second quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock valued at $409,513,000 after acquiring an additional 894,532 shares in the last quarter. Toronto Dominion Bank raised its stake in shares of Invesco QQQ by 13.0% during the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Invesco QQQ by 7.3% during the second quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after acquiring an additional 338,494 shares in the last quarter. Finally, Main Management ETF Advisors LLC increased its holdings in Invesco QQQ by 33.5% during the third quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock valued at $357,228,000 after buying an additional 183,550 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $505.08 on Wednesday. The company’s 50 day moving average is $515.57 and its 200 day moving average is $491.47. Invesco QQQ has a 52-week low of $402.92 and a 52-week high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date of this dividend 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.