400 Shares in Invesco QQQ (NASDAQ:QQQ) Acquired by Chico Wealth RIA

Chico Wealth RIA acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 400 shares of the exchange traded fund’s stock, valued at approximately $204,000. Invesco QQQ makes up approximately 0.2% of Chico Wealth RIA’s investment portfolio, making the stock its 28th biggest position.

Other large investors have also modified their holdings of the company. Wealth Effects LLC boosted its position in shares of Invesco QQQ by 3.0% in the 4th quarter. Wealth Effects LLC now owns 2,705 shares of the exchange traded fund’s stock valued at $1,383,000 after purchasing an additional 80 shares during the period. Stonegate Investment Group LLC boosted its holdings in shares of Invesco QQQ by 11.0% in the fourth quarter. Stonegate Investment Group LLC now owns 37,166 shares of the exchange traded fund’s stock valued at $19,000,000 after acquiring an additional 3,672 shares during the period. Prospect Financial Services LLC grew its position in shares of Invesco QQQ by 7.0% during the fourth quarter. Prospect Financial Services LLC now owns 10,290 shares of the exchange traded fund’s stock worth $5,260,000 after acquiring an additional 675 shares during the last quarter. Perigon Wealth Management LLC increased its holdings in shares of Invesco QQQ by 2.8% in the 4th quarter. Perigon Wealth Management LLC now owns 175,157 shares of the exchange traded fund’s stock valued at $89,870,000 after acquiring an additional 4,752 shares during the period. Finally, Jeppson Wealth Management LLC raised its position in Invesco QQQ by 3.0% in the 4th quarter. Jeppson Wealth Management LLC now owns 2,401 shares of the exchange traded fund’s stock valued at $1,228,000 after purchasing an additional 69 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $521.88 on Wednesday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The company’s fifty day moving average is $518.14 and its two-hundred day moving average is $493.37.

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 dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco QQQ

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.