Watts Gwilliam & Co. LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 17.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,518 shares of the exchange traded fund's stock after buying an additional 1,557 shares during the period. Invesco QQQ comprises 1.1% of Watts Gwilliam & Co. LLC's portfolio, making the stock its 20th largest position. Watts Gwilliam & Co. LLC's holdings in Invesco QQQ were worth $5,419,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of QQQ. Legacy Bridge LLC raised its position in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund's stock worth $59,000 after purchasing an additional 45 shares during the period. BNP Paribas acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE increased its position in Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund's stock valued at $71,000 after acquiring an additional 63 shares during the period. Providence Capital Advisors LLC acquired a new stake in Invesco QQQ in the 2nd quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Invesco QQQ in the 3rd quarter valued at approximately $91,000. Institutional investors own 44.58% of the company's stock.
Invesco QQQ Stock Down 1.5 %
QQQ traded down $7.64 during trading hours on Friday, hitting $507.63. The company's stock had a trading volume of 40,419,324 shares, compared to its average volume of 34,889,563. Invesco QQQ has a fifty-two week low of $402.92 and a fifty-two week high of $539.15. The company has a 50-day simple moving average of $514.92 and a 200 day simple moving average of $490.97.
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 given a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.
Invesco QQQ Company 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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