Legacy Solutions LLC Invests $711,000 in Invesco QQQ (NASDAQ:QQQ)

Legacy Solutions LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,391 shares of the exchange traded fund’s stock, valued at approximately $711,000. Invesco QQQ comprises about 0.8% of Legacy Solutions LLC’s investment portfolio, making the stock its 24th largest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Flagstar Advisors Inc. raised its holdings in Invesco QQQ by 3.1% in the 4th quarter. Flagstar Advisors Inc. now owns 27,139 shares of the exchange traded fund’s stock valued at $13,874,000 after acquiring an additional 827 shares in the last quarter. Werba Rubin Papier Wealth Management raised its holdings in shares of Invesco QQQ by 7.9% in the 4th quarter. Werba Rubin Papier Wealth Management now owns 2,351 shares of the exchange traded fund’s stock worth $1,202,000 after buying an additional 172 shares in the last quarter. Joel Adams & Associates Inc. acquired a new position in shares of Invesco QQQ in the 4th quarter worth approximately $537,000. Global Retirement Partners LLC raised its holdings in shares of Invesco QQQ by 12.1% in the 4th quarter. Global Retirement Partners LLC now owns 147,108 shares of the exchange traded fund’s stock worth $75,206,000 after buying an additional 15,922 shares in the last quarter. Finally, Destiny Capital Corp CO raised its holdings in shares of Invesco QQQ by 2.7% in the 4th quarter. Destiny Capital Corp CO now owns 16,539 shares of the exchange traded fund’s stock worth $8,455,000 after buying an additional 431 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ opened at $539.37 on Wednesday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.00. The stock has a 50 day simple moving average of $523.07 and a 200-day simple moving average of $499.53.

Invesco QQQ Dividend Announcement

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