Concord Asset Management LLC VA Increases Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Concord Asset Management LLC VA raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,192 shares of the exchange traded fund’s stock after buying an additional 28 shares during the quarter. Concord Asset Management LLC VA’s holdings in Invesco QQQ were worth $609,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hoese & Co LLP grew its stake in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares during the period. Legacy Bridge LLC increased its position in Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas acquired a new position in Invesco QQQ during the third quarter valued at approximately $62,000. Brooklyn Investment Group acquired a new stake in shares of Invesco QQQ in the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of 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 in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.1 %

Shares of NASDAQ:QQQ opened at $522.29 on Friday. The business’s 50-day simple moving average is $519.55 and its 200 day simple moving average is $494.13. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. 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.