Wealth Management Nebraska Takes Position in Invesco QQQ (NASDAQ:QQQ)

Wealth Management Nebraska bought a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, HoldingsChannel reports. The firm bought 671 shares of the exchange traded fund’s stock, valued at approximately $343,000.

Several other hedge funds have also recently bought and sold shares of QQQ. PayPay Securities Corp increased its position in shares of Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 36 shares in the last quarter. Roxbury Financial LLC acquired a new position in Invesco QQQ in the 4th quarter worth $37,000. Hoese & Co LLP increased its holdings in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares in the last quarter. Legacy Bridge LLC raised its stake in shares of Invesco QQQ by 60.0% in 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. Finally, BNP Paribas bought a new stake in shares of Invesco QQQ in the third quarter valued at about $62,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 2.1 %

QQQ stock opened at $526.08 on Friday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81. The business has a 50-day moving average of $523.39 and a 200-day moving average of $500.70.

Invesco QQQ Dividend Announcement

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