18,971 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC bought a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,971 shares of the exchange traded fund’s stock, valued at approximately $9,699,000. Invesco QQQ comprises approximately 13.7% of Fortress Financial Solutions LLC’s investment portfolio, making the stock its largest holding.

Several other large investors have also bought and sold shares of QQQ. Hoese & Co LLP raised its position in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the last quarter. Legacy Bridge LLC increased its position in Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the period. BNP Paribas bought a new position in Invesco QQQ during the 3rd quarter worth approximately $62,000. Brooklyn Investment Group bought a new position in Invesco QQQ during the 4th quarter worth approximately $69,000. Finally, Pacifica Partners Inc. acquired a new position in shares of Invesco QQQ in the 4th quarter worth approximately $73,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 0.2 %

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

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders 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 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.