Global Retirement Partners LLC Has $75.21 Million Holdings in Invesco QQQ (NASDAQ:QQQ)

Global Retirement Partners LLC boosted its holdings in Invesco QQQ (NASDAQ:QQQ) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 147,108 shares of the exchange traded fund’s stock after acquiring an additional 15,922 shares during the quarter. Invesco QQQ comprises about 2.2% of Global Retirement Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Global Retirement Partners LLC’s holdings in Invesco QQQ were worth $75,206,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of QQQ. PayPay Securities Corp raised its holdings in shares of Invesco QQQ by 276.9% in the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 36 shares in the last quarter. Roxbury Financial LLC bought a new stake in Invesco QQQ during the fourth quarter worth approximately $37,000. Hoese & Co LLP grew its position in Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares during the last quarter. Legacy Bridge LLC increased its holdings in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares in the last quarter. Finally, Creative Capital Management Investments LLC lifted its position in shares of Invesco QQQ by 740.0% during the 4th quarter. Creative Capital Management Investments LLC now owns 126 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 111 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

QQQ opened at $539.37 on Wednesday. The business has a fifty day simple moving average of $523.07 and a 200-day simple moving average of $499.53. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.00.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid 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.