Wilson & Boucher Capital Management LLC Has $681,000 Stock Position in Invesco QQQ (NASDAQ:QQQ)

Wilson & Boucher Capital Management LLC boosted its position in Invesco QQQ (NASDAQ:QQQ) by 151.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,662 shares of the exchange traded fund’s stock after acquiring an additional 1,000 shares during the period. Wilson & Boucher Capital Management LLC’s holdings in Invesco QQQ were worth $681,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQ. Red Tortoise LLC grew its position in shares of Invesco QQQ by 370.0% during the 4th quarter. Red Tortoise LLC now owns 94 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 74 shares during the period. Friedenthal Financial bought a new position in Invesco QQQ in the fourth quarter valued at approximately $41,000. Robinson Capital Management LLC acquired a new stake in Invesco QQQ during the 4th quarter worth $40,000. Bear Mountain Capital Inc. bought a new stake in shares of Invesco QQQ during the 4th quarter valued at $42,000. Finally, Core Wealth Advisors Inc. lifted its stake in shares of Invesco QQQ by 33.3% in the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 30 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Up 0.9 %

Shares of Invesco QQQ stock traded up $4.29 during trading on Friday, reaching $457.95. 29,669,461 shares of the company were exchanged, compared to its average volume of 33,694,408. The business has a 50-day moving average price of $439.25 and a 200-day moving average price of $422.03. Invesco QQQ has a twelve month low of $336.67 and a twelve month high of $460.58.

Invesco QQQ Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th were given a dividend of $0.5735 per share. The ex-dividend date was Monday, March 18th. This represents a $2.29 annualized dividend and a dividend yield of 0.50%.

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.