Invesco QQQ (NASDAQ:QQQ) Shares Purchased by BSW Wealth Partners

BSW Wealth Partners grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 16.2% during the fourth quarter, Holdings Channel reports. The firm owned 3,593 shares of the exchange traded fund’s stock after purchasing an additional 500 shares during the period. BSW Wealth Partners’ holdings in Invesco QQQ were worth $1,837,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of QQQ. Hoese & Co LLP grew its holdings in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares during the last quarter. Legacy Bridge LLC lifted 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 acquiring an additional 45 shares during the period. BNP Paribas purchased a new position in shares of Invesco QQQ in the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group acquired a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE raised its stake in shares of Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ stock opened at $521.88 on Wednesday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The company has a fifty day moving average of $518.14 and a 200-day moving average of $493.37.

Invesco QQQ Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued 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.