Invesco QQQ (NASDAQ:QQQ) Shares Bought by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 49,759 shares of the exchange traded fund’s stock after acquiring an additional 321 shares during the period. Invesco QQQ comprises about 3.7% of Onyx Bridge Wealth Group LLC’s investment portfolio, making the stock its 3rd largest holding. Onyx Bridge Wealth Group LLC’s holdings in Invesco QQQ were worth $25,438,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in Invesco QQQ by 21.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,290 shares of the exchange traded fund’s stock worth $630,000 after acquiring an additional 230 shares during the period. Bath Savings Trust Co grew its holdings in Invesco QQQ by 12.7% during the 3rd quarter. Bath Savings Trust Co now owns 665 shares of the exchange traded fund’s stock worth $325,000 after acquiring an additional 75 shares during the period. City Holding Co. grew its holdings in Invesco QQQ by 13.1% during the 3rd quarter. City Holding Co. now owns 7,306 shares of the exchange traded fund’s stock worth $3,566,000 after acquiring an additional 847 shares during the period. Trust Co of Kansas acquired a new stake in Invesco QQQ during the 3rd quarter worth $227,000. Finally, Brookstone Capital Management grew its holdings in Invesco QQQ by 5.2% during the 3rd quarter. Brookstone Capital Management now owns 377,922 shares of the exchange traded fund’s stock worth $184,452,000 after acquiring an additional 18,721 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.5 %

QQQ opened at $526.85 on Thursday. The company has a fifty day moving average price of $520.08 and a two-hundred day moving average price of $494.82. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Announces Dividend

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

About Invesco QQQ

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.