Waldron Private Wealth LLC Boosts Position in Invesco QQQ (NASDAQ:QQQ)

Waldron Private Wealth LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,724 shares of the exchange traded fund’s stock after purchasing an additional 117 shares during the period. Waldron Private Wealth LLC’s holdings in Invesco QQQ were worth $1,904,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQ. Hoese & Co LLP boosted its holdings in shares of 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 acquiring an additional 20 shares during the period. Legacy Bridge LLC boosted its stake in shares of Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares during the period. BNP Paribas purchased a new position in shares of Invesco QQQ during the third quarter worth about $62,000. Brooklyn Investment Group acquired a new position in Invesco QQQ in the 4th quarter valued at about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE raised its stake in Invesco QQQ by 75.9% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.1 %

Shares of QQQ stock opened at $522.29 on Friday. The business’s 50 day moving average is $519.22 and its two-hundred day moving average is $493.95. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15.

Invesco QQQ Announces Dividend

The company also recently disclosed 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.

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.