Avidian Wealth Enterprises LLC Purchases 158 Shares of Invesco QQQ (NASDAQ:QQQ)

Avidian Wealth Enterprises LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 3.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,312 shares of the exchange traded fund’s stock after buying an additional 158 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Invesco QQQ were worth $2,716,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Hoese & Co LLP raised its position in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares during the last quarter. Legacy Bridge LLC grew its stake in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ in the third quarter valued at approximately $62,000. Brooklyn Investment Group bought a new stake in shares of Invesco QQQ in the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its position in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Down 0.2 %

Invesco QQQ stock opened at $527.99 on Wednesday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The company has a fifty day simple moving average of $521.54 and a 200 day simple moving average of $496.40.

Invesco QQQ Dividend Announcement

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