Birchcreek Wealth Management LLC Purchases 47 Shares of Invesco QQQ (NASDAQ:QQQ)

Birchcreek Wealth Management LLC raised its position in Invesco QQQ (NASDAQ:QQQ) by 1.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 2,787 shares of the exchange traded fund’s stock after acquiring an additional 47 shares during the period. Invesco QQQ comprises 0.9% of Birchcreek Wealth Management LLC’s portfolio, making the stock its 21st biggest position. Birchcreek Wealth Management LLC’s holdings in Invesco QQQ were worth $1,425,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC raised its stake in shares of Invesco QQQ by 47,853.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after purchasing an additional 4,105,389 shares in the last quarter. Toronto Dominion Bank increased its holdings in shares of Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after acquiring an additional 488,815 shares during the last quarter. Cibc World Market Inc. increased its holdings in shares of Invesco QQQ by 90.0% during the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after acquiring an additional 324,948 shares during the last quarter. Bell Bank increased its holdings in shares of Invesco QQQ by 112.7% during the 4th quarter. Bell Bank now owns 381,080 shares of the exchange traded fund’s stock worth $194,820,000 after acquiring an additional 201,918 shares during the last quarter. Finally, Empirical Asset Management LLC increased its holdings in shares of Invesco QQQ by 15,676.3% during the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock worth $103,720,000 after acquiring an additional 201,597 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock opened at $526.08 on Monday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The business’s 50 day simple moving average is $523.39 and its 200 day simple moving average is $501.59.

Invesco QQQ Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.8347 per share. 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.