Avidian Wealth Enterprises LLC Buys 158 Shares of Invesco QQQ (NASDAQ:QQQ)

Avidian Wealth Enterprises LLC raised its position in Invesco QQQ (NASDAQ:QQQ) by 3.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 5,312 shares of the exchange traded fund’s stock after buying an additional 158 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Invesco QQQ were worth $2,716,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC increased its stake in Invesco QQQ by 46,491.6% in the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after purchasing an additional 32,516,210 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of Invesco QQQ by 47,853.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after buying an additional 4,105,389 shares during the period. Toronto Dominion Bank increased its position in shares of Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after buying an additional 488,815 shares in the last quarter. Cibc World Market Inc. raised its stake in Invesco QQQ by 90.0% during the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after buying an additional 324,948 shares during the period. Finally, Empirical Asset Management LLC raised its stake in Invesco QQQ by 15,676.3% during the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock worth $103,720,000 after buying an additional 201,597 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $527.99 on Wednesday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The stock has a 50-day moving average price of $521.54 and a two-hundred day moving average price of $496.40.

Invesco QQQ Dividend Announcement

The firm also recently disclosed 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 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.