Watts Gwilliam & Co. LLC Acquires 1,557 Shares of Invesco QQQ (NASDAQ:QQQ)

Watts Gwilliam & Co. LLC raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 17.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,518 shares of the exchange traded fund’s stock after buying an additional 1,557 shares during the quarter. Invesco QQQ accounts for 1.1% of Watts Gwilliam & Co. LLC’s investment portfolio, making the stock its 20th largest holding. Watts Gwilliam & Co. LLC’s holdings in Invesco QQQ were worth $5,419,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Legacy Bridge LLC increased its position in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares in the last quarter. BNP Paribas bought a new position in Invesco QQQ in the third quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE grew its stake in Invesco QQQ by 75.9% in the third 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 during the period. Providence Capital Advisors LLC bought a new stake in shares of Invesco QQQ during the second quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Invesco QQQ during the third quarter valued at approximately $91,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Up 0.0 %

Shares of QQQ opened at $515.27 on Friday. The business’s fifty day moving average is $514.52 and its 200 day moving average is $490.73. Invesco QQQ has a 12-month low of $401.71 and a 12-month high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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.

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.