Mindset Wealth Management LLC Acquires 178 Shares of Invesco QQQ (NASDAQ:QQQ)

Mindset Wealth Management LLC raised its position in Invesco QQQ (NASDAQ:QQQ) by 12.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,623 shares of the exchange traded fund’s stock after acquiring an additional 178 shares during the period. Invesco QQQ makes up approximately 0.3% of Mindset Wealth Management LLC’s holdings, making the stock its 25th biggest holding. Mindset Wealth Management LLC’s holdings in Invesco QQQ were worth $830,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of QQQ. PayPay Securities Corp lifted its stake in shares of Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 36 shares during the period. Roxbury Financial LLC purchased a new position in Invesco QQQ in the fourth quarter valued at $37,000. Hoese & Co LLP increased its holdings in Invesco QQQ by 32.3% in the fourth 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 in the last quarter. Midwest Capital Advisors LLC purchased a new position in Invesco QQQ in the fourth quarter valued at $51,000. Finally, BNP Paribas acquired a new stake in shares of Invesco QQQ in the third quarter valued at about $62,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.3 %

QQQ opened at $479.26 on Friday. The firm has a market capitalization of $302.05 billion, a PE ratio of 30.74 and a beta of 1.11. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The firm’s 50-day moving average price is $511.83 and its 200 day moving average price is $503.82.

Invesco QQQ Announces Dividend

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

About Invesco QQQ

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.