Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Legacy Bridge LLC

Legacy Bridge LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 36.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 164 shares of the exchange traded fund’s stock after acquiring an additional 44 shares during the period. Legacy Bridge LLC’s holdings in Invesco QQQ were worth $84,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in QQQ. Mattern Wealth Management LLC boosted its stake in Invesco QQQ by 2.5% during the 4th quarter. Mattern Wealth Management LLC now owns 29,892 shares of the exchange traded fund’s stock worth $15,282,000 after purchasing an additional 738 shares during the last quarter. FSC Wealth Advisors LLC boosted its stake in Invesco QQQ by 3,803.7% during the fourth quarter. FSC Wealth Advisors LLC now owns 6,285 shares of the exchange traded fund’s stock worth $3,213,000 after buying an additional 6,124 shares during the last quarter. Altus Wealth Management LLC increased its stake in shares of Invesco QQQ by 0.6% in the 4th quarter. Altus Wealth Management LLC now owns 69,330 shares of the exchange traded fund’s stock worth $35,444,000 after acquiring an additional 424 shares during the last quarter. BankPlus Wealth Management LLC purchased a new position in shares of Invesco QQQ during the 4th quarter worth $564,000. Finally, Bay Rivers Group boosted its position in shares of Invesco QQQ by 0.3% during the 4th quarter. Bay Rivers Group now owns 12,214 shares of the exchange traded fund’s stock valued at $6,244,000 after acquiring an additional 32 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $513.93 on Tuesday. The company has a 50-day moving average price of $517.86 and a 200 day moving average price of $493.21. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date 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.