Wealthstar Advisors LLC Acquires Shares of 866 Invesco QQQ (NASDAQ:QQQ)

Wealthstar Advisors LLC bought a new position in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 866 shares of the exchange traded fund’s stock, valued at approximately $443,000.

A number of other large investors have also modified their holdings of QQQ. SOA Wealth Advisors LLC. lifted its holdings in Invesco QQQ by 0.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after buying an additional 46 shares in the last quarter. Matrix Asset Advisors Inc. NY lifted its stake in shares of Invesco QQQ by 12.8% in the third quarter. Matrix Asset Advisors Inc. NY now owns 1,250 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 142 shares in the last quarter. Annex Advisory Services LLC boosted its holdings in Invesco QQQ by 5.8% in the third quarter. Annex Advisory Services LLC now owns 3,792 shares of the exchange traded fund’s stock valued at $1,851,000 after purchasing an additional 207 shares during the last quarter. Retirement Planning Group LLC grew its stake in Invesco QQQ by 40.2% during the 3rd quarter. Retirement Planning Group LLC now owns 43,416 shares of the exchange traded fund’s stock valued at $21,190,000 after purchasing an additional 12,458 shares in the last quarter. Finally, Darrow Company Inc. grew its stake in Invesco QQQ by 1.1% during the 3rd quarter. Darrow Company Inc. now owns 38,431 shares of the exchange traded fund’s stock valued at $18,753,000 after purchasing an additional 407 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 1.3 %

Invesco QQQ stock opened at $522.92 on Monday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15. The stock has a 50 day moving average of $521.26 and a 200-day moving average of $495.67.

Invesco QQQ Announces Dividend

The business also recently disclosed 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.