Buck Wealth Strategies LLC Increases Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Buck Wealth Strategies LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 68.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,675 shares of the exchange traded fund’s stock after purchasing an additional 8,799 shares during the quarter. Invesco QQQ makes up approximately 2.3% of Buck Wealth Strategies LLC’s holdings, making the stock its 14th biggest position. Buck Wealth Strategies LLC’s holdings in Invesco QQQ were worth $11,081,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC grew its position in shares of Invesco QQQ by 21.7% during the third quarter. GAMMA Investing LLC now owns 1,290 shares of the exchange traded fund’s stock worth $630,000 after purchasing an additional 230 shares in the last quarter. Bath Savings Trust Co boosted its stake in Invesco QQQ by 12.7% in the 3rd quarter. Bath Savings Trust Co now owns 665 shares of the exchange traded fund’s stock worth $325,000 after purchasing an additional 75 shares during the period. City Holding Co. grew its holdings in Invesco QQQ by 13.1% during the 3rd quarter. City Holding Co. now owns 7,306 shares of the exchange traded fund’s stock valued at $3,566,000 after buying an additional 847 shares in the last quarter. Trust Co of Kansas bought a new stake in shares of Invesco QQQ during the third quarter valued at approximately $227,000. Finally, Brookstone Capital Management lifted its holdings in shares of Invesco QQQ by 5.2% in the third quarter. Brookstone Capital Management now owns 377,922 shares of the exchange traded fund’s stock worth $184,452,000 after buying an additional 18,721 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.5 %

QQQ opened at $526.85 on Thursday. The company has a fifty day moving average of $520.51 and a 200 day moving average of $495.05. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given 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.