Invesco QQQ (NASDAQ:QQQ) is Blue Zone Wealth Advisors LLC’s Largest Position

Blue Zone Wealth Advisors LLC decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,296 shares of the exchange traded fund’s stock after selling 91 shares during the quarter. Invesco QQQ makes up approximately 6.1% of Blue Zone Wealth Advisors LLC’s portfolio, making the stock its biggest position. Blue Zone Wealth Advisors LLC’s holdings in Invesco QQQ were worth $21,112,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in QQQ. SOA Wealth Advisors LLC. lifted its stake in Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after purchasing an additional 46 shares during the last quarter. Well Done LLC increased its position in Invesco QQQ by 0.9% during the third quarter. Well Done LLC now owns 2,586 shares of the exchange traded fund’s stock worth $1,262,000 after buying an additional 24 shares during the period. Sonoma Private Wealth LLC increased its position in Invesco QQQ by 8.6% during the third quarter. Sonoma Private Wealth LLC now owns 492 shares of the exchange traded fund’s stock worth $240,000 after buying an additional 39 shares during the period. M3 Advisory Group LLC increased its position in Invesco QQQ by 1.4% during the third quarter. M3 Advisory Group LLC now owns 14,144 shares of the exchange traded fund’s stock worth $6,903,000 after buying an additional 193 shares during the period. Finally, Stonegate Investment Group LLC increased its position in Invesco QQQ by 0.4% during the third quarter. Stonegate Investment Group LLC now owns 33,494 shares of the exchange traded fund’s stock worth $16,347,000 after buying an additional 125 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.4 %

QQQ opened at $538.15 on Friday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15. The business’s 50 day moving average is $522.38 and its two-hundred day moving average is $497.86.

Invesco QQQ Announces Dividend

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