N.E.W. Advisory Services LLC Acquires 64 Shares of Invesco QQQ (NASDAQ:QQQ)

N.E.W. Advisory Services LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,958 shares of the exchange traded fund’s stock after buying an additional 64 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in Invesco QQQ were worth $3,046,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of QQQ. Northeast Investment Management raised its stake in Invesco QQQ by 0.6% during the 3rd quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after purchasing an additional 20 shares during the period. Planning Capital Management Corp raised its position in shares of Invesco QQQ by 7.1% during the third quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 20 shares during the last quarter. Cardinal Point Capital Management ULC lifted its holdings in shares of Invesco QQQ by 0.5% in the fourth quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock worth $1,995,000 after buying an additional 20 shares in the last quarter. Hoese & Co LLP boosted its position in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the last quarter. Finally, Skyline Advisors Inc. grew its stake in Invesco QQQ by 5.0% during the third quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock valued at $215,000 after acquiring an additional 21 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.1 %

NASDAQ:QQQ opened at $522.29 on Friday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The stock’s 50 day simple moving average is $519.22 and its two-hundred day simple moving average is $493.95.

Invesco QQQ Announces Dividend

The business also recently declared 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 was Monday, December 23rd.

Invesco QQQ 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.