Enzi Wealth Has $5.79 Million Position in Invesco QQQ (NASDAQ:QQQ)

Enzi Wealth lessened its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,890 shares of the exchange traded fund’s stock after selling 113 shares during the period. Invesco QQQ accounts for 2.2% of Enzi Wealth’s holdings, making the stock its 13th biggest position. Enzi Wealth’s holdings in Invesco QQQ were worth $5,788,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in QQQ. Strategic Planning Group LLC boosted its holdings in shares of Invesco QQQ by 10.2% during the fourth quarter. Strategic Planning Group LLC now owns 1,220 shares of the exchange traded fund’s stock worth $624,000 after acquiring an additional 113 shares during the period. Baring Financial LLC bought a new position in shares of Invesco QQQ during the fourth quarter worth approximately $5,981,000. Ferguson Shapiro LLC lifted its holdings in Invesco QQQ by 609.8% during the 4th quarter. Ferguson Shapiro LLC now owns 3,606 shares of the exchange traded fund’s stock worth $1,843,000 after purchasing an additional 3,098 shares during the last quarter. Milestone Asset Management LLC boosted its stake in Invesco QQQ by 39.3% in the 4th quarter. Milestone Asset Management LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $2,304,000 after purchasing an additional 1,272 shares during the period. Finally, USAdvisors Wealth Management LLC grew its holdings in Invesco QQQ by 5.6% in the 4th quarter. USAdvisors Wealth Management LLC now owns 65,085 shares of the exchange traded fund’s stock valued at $33,273,000 after buying an additional 3,479 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.2 %

QQQ stock opened at $520.83 on Thursday. The business’s fifty day moving average price is $518.51 and its two-hundred day moving average price is $493.56. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date of this dividend 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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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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