Jackson Wealth Management LLC Acquires 2,522 Shares of Invesco QQQ (NASDAQ:QQQ)

Jackson Wealth Management LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 15.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,519 shares of the exchange traded fund’s stock after acquiring an additional 2,522 shares during the period. Invesco QQQ accounts for about 1.1% of Jackson Wealth Management LLC’s holdings, making the stock its 24th biggest position. Jackson Wealth Management LLC’s holdings in Invesco QQQ were worth $9,468,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of QQQ. Stephens Consulting LLC grew its holdings in shares of Invesco QQQ by 0.4% in the fourth quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock worth $2,769,000 after acquiring an additional 19 shares during the period. Northeast Investment Management increased its position in shares of 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 last quarter. Planning Capital Management Corp lifted its stake in shares of Invesco QQQ by 7.1% in the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 20 shares during the period. Cardinal Point Capital Management ULC grew its position in Invesco QQQ by 0.5% during the fourth quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after buying an additional 20 shares during the period. Finally, Hoese & Co LLP increased its stake in shares of Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 1.2 %

Shares of NASDAQ:QQQ opened at $524.47 on Wednesday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The stock has a 50 day moving average of $519.78 and a 200 day moving average of $494.47.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8347 dividend. 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.