Delap Wealth Advisory LLC Buys Shares of 1,455 Invesco QQQ (NASDAQ:QQQ)

Delap Wealth Advisory LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,455 shares of the exchange traded fund’s stock, valued at approximately $744,000.

Several other institutional investors have also added to or reduced their stakes in QQQ. 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. Strategic Financial Concepts LLC boosted its stake in shares of Invesco QQQ by 47,853.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after buying an additional 4,105,389 shares during the last quarter. 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. Stifel Financial Corp boosted its stake in shares of Invesco QQQ by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock worth $425,324,000 after buying an additional 2,572 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Invesco QQQ by 2.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 849,259 shares of the exchange traded fund’s stock worth $414,429,000 after buying an additional 18,833 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 2.1 %

NASDAQ QQQ opened at $526.08 on Friday. The business’s fifty day moving average is $523.39 and its 200 day moving average is $501.12. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81.

Invesco QQQ Dividend Announcement

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