Invesco QQQ $QQQ Shares Acquired by Drucker Wealth 3.0 LLC

Drucker Wealth 3.0 LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 6.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,028 shares of the exchange traded fund’s stock after buying an additional 1,602 shares during the period. Invesco QQQ comprises approximately 2.9% of Drucker Wealth 3.0 LLC’s portfolio, making the stock its 8th biggest position. Drucker Wealth 3.0 LLC’s holdings in Invesco QQQ were worth $16,603,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. RB Capital Management LLC boosted its position in shares of Invesco QQQ by 15.1% in the fourth quarter. RB Capital Management LLC now owns 2,553 shares of the exchange traded fund’s stock worth $1,569,000 after buying an additional 334 shares during the period. Legacy Wealth Managment LLC ID boosted its position in shares of Invesco QQQ by 71.0% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 1,132 shares of the exchange traded fund’s stock worth $696,000 after buying an additional 470 shares during the period. F m Investments LLC boosted its position in shares of Invesco QQQ by 4.6% in the fourth quarter. F m Investments LLC now owns 3,744 shares of the exchange traded fund’s stock worth $2,300,000 after buying an additional 164 shares during the period. Financial Partners Group Inc boosted its position in shares of Invesco QQQ by 1.8% in the fourth quarter. Financial Partners Group Inc now owns 11,108 shares of the exchange traded fund’s stock worth $6,908,000 after buying an additional 195 shares during the period. Finally, NBZ Investment Advisors LLC boosted its position in shares of Invesco QQQ by 10.0% in the fourth quarter. NBZ Investment Advisors LLC now owns 3,856 shares of the exchange traded fund’s stock worth $2,369,000 after buying an additional 352 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

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Invesco QQQ Stock Up 2.3%

Shares of Invesco QQQ stock opened at $710.93 on Friday. The business has a fifty day simple moving average of $615.95 and a 200-day simple moving average of $616.05. Invesco QQQ has a 12 month low of $486.20 and a 12 month high of $711.23.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.7328 dividend. This represents a $2.93 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco QQQ Company 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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