FourThought Financial Partners LLC Buys 234 Shares of Invesco QQQ (NASDAQ:QQQ)

FourThought Financial Partners LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 11,305 shares of the exchange traded fund’s stock after acquiring an additional 234 shares during the quarter. FourThought Financial Partners LLC’s holdings in Invesco QQQ were worth $5,780,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQ. SOA Wealth Advisors LLC. boosted its holdings in shares of Invesco QQQ by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after purchasing an additional 46 shares during the last quarter. Pettinga Financial Advisors LLC boosted its holdings in shares of Invesco QQQ by 13.6% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock worth $7,553,000 after purchasing an additional 1,854 shares during the last quarter. First Financial Bankshares Inc boosted its holdings in shares of Invesco QQQ by 33.3% during the 3rd quarter. First Financial Bankshares Inc now owns 576 shares of the exchange traded fund’s stock worth $281,000 after purchasing an additional 144 shares during the last quarter. Platt Investment Counsel LLC boosted its holdings in shares of Invesco QQQ by 2.3% during the 3rd quarter. Platt Investment Counsel LLC now owns 45,146 shares of the exchange traded fund’s stock worth $22,034,000 after purchasing an additional 1,002 shares during the last quarter. Finally, Ridgepath Capital Management LLC boosted its holdings in shares of Invesco QQQ by 381.6% during the 3rd quarter. Ridgepath Capital Management LLC now owns 29,595 shares of the exchange traded fund’s stock worth $14,445,000 after purchasing an additional 23,450 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $519.87 on Tuesday. The stock’s 50 day simple moving average is $523.02 and its 200-day simple moving average is $502.10. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81.

Invesco QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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.

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.