SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,577 shares of the exchange traded fund's stock, valued at approximately $1,317,000. Invesco QQQ accounts for 1.3% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co's holdings, making the stock its 18th largest position.
A number of other institutional investors and hedge funds have also recently modified their holdings of QQQ. SOA Wealth Advisors LLC. increased its position in shares of Invesco QQQ by 0.3% in the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund's stock valued at $8,477,000 after acquiring an additional 46 shares during the period. Pettinga Financial Advisors LLC grew its stake in shares of Invesco QQQ by 13.6% in the third quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund's stock worth $7,553,000 after purchasing an additional 1,854 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in Invesco QQQ during the 3rd quarter valued at about $91,000. First National Trust Co raised its position in Invesco QQQ by 1.2% during the 3rd quarter. First National Trust Co now owns 7,005 shares of the exchange traded fund's stock valued at $3,419,000 after purchasing an additional 86 shares during the last quarter. Finally, WealthPlan Investment Management LLC raised its position in Invesco QQQ by 1,040.1% during the 3rd quarter. WealthPlan Investment Management LLC now owns 11,150 shares of the exchange traded fund's stock valued at $5,442,000 after purchasing an additional 10,172 shares during the last quarter. 44.58% of the stock is owned by institutional investors.
Invesco QQQ Stock Performance
Shares of QQQ stock opened at $471.60 on Wednesday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81. The firm has a market cap of $297.23 billion, a P/E ratio of 33.43 and a beta of 1.11. The business's 50 day moving average price is $517.19 and its 200-day moving average price is $504.07.
Invesco QQQ Dividend Announcement
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 Profile
(
Free Report)
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.
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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ - Free Report).
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