Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lifted by BKM Wealth Management LLC

BKM Wealth Management LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 11.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,505 shares of the exchange traded fund’s stock after purchasing an additional 1,046 shares during the quarter. Invesco QQQ makes up approximately 2.2% of BKM Wealth Management LLC’s holdings, making the stock its 7th biggest position. BKM Wealth Management LLC’s holdings in Invesco QQQ were worth $5,370,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in QQQ. PayPay Securities Corp increased its position in Invesco QQQ by 276.9% in 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 in the last quarter. Roxbury Financial LLC bought a new position in shares of Invesco QQQ during the 4th quarter valued at approximately $37,000. Hoese & Co LLP increased its holdings in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC raised its stake in 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 during the period. Finally, BNP Paribas bought a new stake in Invesco QQQ during the 3rd quarter worth approximately $62,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.4 %

QQQ opened at $538.15 on Tuesday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The company has a 50 day simple moving average of $522.38 and a two-hundred day simple moving average of $498.34.

Invesco QQQ Announces Dividend

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