Estate Counselors LLC Acquires 865 Shares of Invesco QQQ $QQQ

Estate Counselors LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 7.1% during the third quarter, Holdings Channel reports. The firm owned 13,133 shares of the exchange traded fund’s stock after purchasing an additional 865 shares during the period. Invesco QQQ accounts for about 0.7% of Estate Counselors LLC’s portfolio, making the stock its 20th largest position. Estate Counselors LLC’s holdings in Invesco QQQ were worth $7,885,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Invesco QQQ by 15.0% during the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after acquiring an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Invesco QQQ by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the last quarter. Jupiter Wealth Management LLC bought a new position in shares of Invesco QQQ in the second quarter valued at approximately $290,000. Pasadena Private Wealth LLC raised its position in shares of Invesco QQQ by 90.6% in the second quarter. Pasadena Private Wealth LLC now owns 13,507 shares of the exchange traded fund’s stock valued at $7,451,000 after purchasing an additional 6,420 shares during the period. Finally, Wealth Group Ltd. lifted its stake in shares of Invesco QQQ by 283.7% in the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after buying an additional 18,210 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

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Invesco QQQ Trading Up 0.3%

NASDAQ:QQQ opened at $622.72 on Monday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The firm’s fifty day simple moving average is $616.52 and its 200 day simple moving average is $598.31.

Invesco QQQ Increases Dividend

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

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.

See Also

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:QQQFree Report).

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

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