Traveka Wealth LLC Takes Position in Invesco QQQ (NASDAQ:QQQ)

Traveka Wealth LLC purchased a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,331 shares of the exchange traded fund’s stock, valued at approximately $680,000.

Other institutional investors have also added to or reduced their stakes in the company. Legacy Bridge LLC boosted its stake in shares of Invesco QQQ by 60.0% in the third 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 during the period. BNP Paribas acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth $62,000. Ritter Daniher Financial Advisory LLC DE grew its holdings in shares of Invesco QQQ by 75.9% during the 3rd 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 in the last quarter. Providence Capital Advisors LLC acquired a new position in Invesco QQQ in the second quarter valued at about $76,000. Finally, Ashton Thomas Securities LLC bought a new stake in Invesco QQQ during the third quarter worth about $91,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

QQQ stock opened at $505.56 on Tuesday. The company’s 50-day moving average price is $515.32 and its two-hundred day moving average price is $491.29. Invesco QQQ has a 12 month low of $402.92 and a 12 month high of $539.15.

Invesco QQQ Dividend Announcement

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

Invesco QQQ Company 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.