Fifth Third Wealth Advisors LLC Purchases 1,028 Shares of Invesco QQQ (NASDAQ:QQQ)

Fifth Third Wealth Advisors LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 35.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,955 shares of the exchange traded fund’s stock after purchasing an additional 1,028 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Invesco QQQ were worth $2,022,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Legacy Bridge LLC lifted its position 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 worth $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas bought a new position in Invesco QQQ in the 3rd quarter valued at about $62,000. Ritter Daniher Financial Advisory LLC DE lifted its holdings in 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 during the last quarter. Pacifica Partners Inc. bought a new stake in shares of Invesco QQQ in the fourth quarter valued at about $73,000. Finally, Providence Capital Advisors LLC acquired a new stake in shares of Invesco QQQ in the second quarter valued at approximately $76,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $505.08 on Wednesday. Invesco QQQ has a 52 week low of $402.92 and a 52 week high of $539.15. The stock’s fifty day moving average is $515.57 and its 200 day moving average is $491.47.

Invesco QQQ Announces Dividend

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