MinichMacGregor Wealth Management LLC Buys 1,472 Shares of Invesco QQQ (NASDAQ:QQQ)

MinichMacGregor Wealth Management LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 52.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,252 shares of the exchange traded fund’s stock after buying an additional 1,472 shares during the period. MinichMacGregor Wealth Management LLC’s holdings in Invesco QQQ were worth $2,174,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Invesco QQQ by 9.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock worth $714,000 after acquiring an additional 125 shares during the last quarter. 1832 Asset Management L.P. raised its position in Invesco QQQ by 1.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock worth $1,173,000 after purchasing an additional 25 shares during the period. AQR Capital Management LLC lifted its stake in Invesco QQQ by 332.0% in the second quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock worth $5,769,000 after purchasing an additional 9,254 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Invesco QQQ by 7.3% during the second quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after buying an additional 338,494 shares during the period. Finally, Drucker Wealth 3.0 LLC bought a new position in shares of Invesco QQQ during the second quarter valued at approximately $203,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Up 0.2 %

Shares of NASDAQ QQQ opened at $532.64 on Friday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15. The business’s 50 day moving average price is $516.72 and its 200-day moving average price is $492.81.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8347 dividend. 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.