Rezny Wealth Management Inc. Has $7.94 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Rezny Wealth Management Inc. grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 43.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 15,538 shares of the exchange traded fund’s stock after purchasing an additional 4,734 shares during the period. Invesco QQQ comprises approximately 2.0% of Rezny Wealth Management Inc.’s portfolio, making the stock its 10th biggest position. Rezny Wealth Management Inc.’s holdings in Invesco QQQ were worth $7,943,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. International Assets Investment Management LLC boosted its stake in shares of Invesco QQQ by 46,491.6% in the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock worth $15,904,322,000 after buying an additional 32,516,210 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Invesco QQQ by 7.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock worth $2,379,676,000 after buying an additional 338,494 shares during the last quarter. Toronto Dominion Bank boosted its stake in shares of Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after buying an additional 488,815 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco QQQ by 1.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,199,214 shares of the exchange traded fund’s stock worth $1,532,904,000 after buying an additional 33,790 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp boosted its stake in shares of Invesco QQQ by 0.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after buying an additional 13,772 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 0.6 %

Invesco QQQ stock opened at $524.80 on Wednesday. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15. The business’s 50 day simple moving average is $516.10 and its 200 day simple moving average is $492.33.

Invesco QQQ Dividend Announcement

The company also recently disclosed 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 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.