Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Traction Financial Partners LLC

Traction Financial Partners LLC raised its position in Invesco QQQ (NASDAQ:QQQ) by 2.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 29,163 shares of the exchange traded fund’s stock after purchasing an additional 686 shares during the period. Invesco QQQ accounts for approximately 11.6% of Traction Financial Partners LLC’s portfolio, making the stock its biggest holding. Traction Financial Partners LLC’s holdings in Invesco QQQ were worth $14,909,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. SOA Wealth Advisors LLC. boosted its stake in Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after buying an additional 46 shares during the last quarter. Werba Rubin Papier Wealth Management raised its holdings in shares of Invesco QQQ by 59.1% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 2,179 shares of the exchange traded fund’s stock worth $1,064,000 after acquiring an additional 809 shares during the period. Cyndeo Wealth Partners LLC grew its holdings in shares of Invesco QQQ by 84.8% in the third quarter. Cyndeo Wealth Partners LLC now owns 2,881 shares of the exchange traded fund’s stock valued at $1,406,000 after purchasing an additional 1,322 shares during the period. Trinity Wealth Management LLC increased its position in Invesco QQQ by 1.9% during the third quarter. Trinity Wealth Management LLC now owns 36,511 shares of the exchange traded fund’s stock worth $17,820,000 after purchasing an additional 679 shares during the last quarter. Finally, McClarren Financial Advisors Inc. raised its stake in Invesco QQQ by 4.4% during the third quarter. McClarren Financial Advisors Inc. now owns 7,000 shares of the exchange traded fund’s stock worth $3,416,000 after purchasing an additional 293 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $538.15 on Tuesday. The firm has a 50 day simple moving average of $522.38 and a 200-day simple moving average of $498.34. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15.

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 of this dividend was Monday, December 23rd.

Invesco QQQ Profile

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.