Invesco QQQ (NASDAQ:QQQ) Stock Holdings Raised by Falcon Wealth Planning

Falcon Wealth Planning raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 5.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 72,585 shares of the exchange traded fund’s stock after purchasing an additional 3,739 shares during the period. Invesco QQQ comprises about 4.1% of Falcon Wealth Planning’s investment portfolio, making the stock its 10th largest position. Falcon Wealth Planning’s holdings in Invesco QQQ were worth $37,108,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of QQQ. GAMMA Investing LLC increased its holdings in shares of Invesco QQQ by 159.6% in the 4th quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after purchasing an additional 2,059 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Invesco QQQ by 141.0% in the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after acquiring an additional 11,351 shares during the period. Socha Financial Group LLC lifted its holdings in Invesco QQQ by 2.4% in the third quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock valued at $44,732,000 after acquiring an additional 2,171 shares during the period. NRI Wealth Management LC purchased a new position in Invesco QQQ in the fourth quarter worth about $28,729,000. Finally, Garden State Investment Advisory Services LLC grew its stake in shares of Invesco QQQ by 13.1% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock valued at $15,169,000 after purchasing an additional 3,581 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $521.88 on Wednesday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The firm has a fifty day moving average price of $518.14 and a 200-day moving average price of $493.37.

Invesco QQQ Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given 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.