Fiduciary Wealth Partners LLC Increases Holdings in Invesco QQQ $QQQ

Fiduciary Wealth Partners LLC raised its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 3,123.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,446 shares of the exchange traded fund’s stock after acquiring an additional 6,246 shares during the period. Invesco QQQ makes up 1.6% of Fiduciary Wealth Partners LLC’s portfolio, making the stock its 11th biggest position. Fiduciary Wealth Partners LLC’s holdings in Invesco QQQ were worth $3,870,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Alliance Wealth Management Group grew its holdings in shares of Invesco QQQ by 31.3% during the third quarter. Alliance Wealth Management Group now owns 2,326 shares of the exchange traded fund’s stock valued at $1,396,000 after buying an additional 555 shares during the last quarter. American Capital Advisory LLC lifted its position in Invesco QQQ by 159.9% in the 3rd quarter. American Capital Advisory LLC now owns 408 shares of the exchange traded fund’s stock valued at $245,000 after acquiring an additional 251 shares in the last quarter. Wolff Wiese Magana LLC boosted its stake in Invesco QQQ by 5.9% during the 3rd quarter. Wolff Wiese Magana LLC now owns 2,349 shares of the exchange traded fund’s stock valued at $1,410,000 after purchasing an additional 130 shares during the last quarter. Copperleaf Capital LLC boosted its stake in Invesco QQQ by 5.0% during the 3rd quarter. Copperleaf Capital LLC now owns 3,627 shares of the exchange traded fund’s stock valued at $2,177,000 after purchasing an additional 172 shares during the last quarter. Finally, Jackson Hole Capital Partners LLC increased its holdings in shares of Invesco QQQ by 1.4% in the 3rd quarter. Jackson Hole Capital Partners LLC now owns 14,316 shares of the exchange traded fund’s stock worth $8,595,000 after purchasing an additional 201 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.4%

Shares of NASDAQ:QQQ opened at $621.78 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The stock’s fifty day moving average price is $616.17 and its 200-day moving average price is $594.94.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a dividend of $0.7941 per share. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69.

Invesco QQQ News Summary

Here are the key news stories impacting Invesco QQQ this week:

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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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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