MassMutual Private Wealth & Trust FSB Has $622,000 Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

MassMutual Private Wealth & Trust FSB raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 3.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,216 shares of the exchange traded fund’s stock after acquiring an additional 36 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Invesco QQQ were worth $622,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Legacy Bridge LLC boosted its stake in shares of 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 purchasing an additional 45 shares during the last quarter. BNP Paribas bought a new stake in Invesco QQQ during the third quarter valued at $62,000. Brooklyn Investment Group acquired a new stake in Invesco QQQ during the 4th quarter worth about $69,000. Ritter Daniher Financial Advisory LLC DE raised its position in shares of Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after acquiring an additional 63 shares in the last quarter. Finally, Pacifica Partners Inc. acquired a new position in shares of Invesco QQQ in the 4th quarter valued at about $73,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $524.80 on Wednesday. The stock’s 50-day moving average is $516.10 and its 200 day moving average is $492.33. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15.

Invesco QQQ Announces Dividend

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