Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Wagner Wealth Management LLC

Wagner Wealth Management LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,145 shares of the exchange traded fund’s stock after purchasing an additional 44 shares during the period. Invesco QQQ makes up approximately 0.8% of Wagner Wealth Management LLC’s portfolio, making the stock its 24th biggest holding. Wagner Wealth Management LLC’s holdings in Invesco QQQ were worth $3,142,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of Invesco QQQ by 159.6% in the 4th quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock valued at $1,712,000 after purchasing an additional 2,059 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Invesco QQQ by 141.0% in the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after acquiring an additional 11,351 shares in the last quarter. Socha Financial Group LLC increased its position in shares of Invesco QQQ by 2.4% in the third quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after acquiring an additional 2,171 shares in the last quarter. NRI Wealth Management LC acquired a new position in shares of Invesco QQQ during the 4th quarter valued at $28,729,000. Finally, Garden State Investment Advisory Services LLC boosted its position in Invesco QQQ by 13.1% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after purchasing an additional 3,581 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 1.3 %

Shares of NASDAQ QQQ opened at $522.92 on Monday. The stock has a fifty day moving average price of $521.26 and a 200 day moving average price of $495.67. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently announced 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.