462 Shares in Invesco QQQ (NASDAQ:QQQ) Acquired by Wingate Wealth Advisors Inc.

Wingate Wealth Advisors Inc. purchased a new stake in Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, Holdings Channel reports. The firm purchased 462 shares of the exchange traded fund’s stock, valued at approximately $236,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QQQ. Hoese & Co LLP lifted its holdings in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Legacy Bridge LLC boosted its holdings 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 worth $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas bought a new stake in Invesco QQQ during the 3rd quarter worth approximately $62,000. Brooklyn Investment Group acquired a new position in Invesco QQQ in the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its holdings in shares of Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 1.3 %

Invesco QQQ stock opened at $522.92 on Monday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The stock has a 50-day simple moving average of $521.26 and a 200 day simple moving average of $495.67.

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 issued a $0.8347 dividend. The ex-dividend date 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.