Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Yarger Wealth Strategies LLC

Yarger Wealth Strategies LLC raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 19.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,655 shares of the exchange traded fund’s stock after acquiring an additional 605 shares during the quarter. Invesco QQQ accounts for about 1.1% of Yarger Wealth Strategies LLC’s holdings, making the stock its 26th biggest position. Yarger Wealth Strategies LLC’s holdings in Invesco QQQ were worth $1,868,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. RDA Financial Network lifted its position in shares of Invesco QQQ by 4.1% during the 4th quarter. RDA Financial Network now owns 21,994 shares of the exchange traded fund’s stock valued at $11,244,000 after acquiring an additional 862 shares during the period. Goldstone Financial Group LLC increased its stake in Invesco QQQ by 3.9% in the 4th quarter. Goldstone Financial Group LLC now owns 56,932 shares of the exchange traded fund’s stock valued at $29,106,000 after purchasing an additional 2,158 shares in the last quarter. Channel Wealth LLC raised its holdings in Invesco QQQ by 2.2% during the fourth quarter. Channel Wealth LLC now owns 11,013 shares of the exchange traded fund’s stock worth $5,630,000 after purchasing an additional 237 shares during the last quarter. Capital Planning LLC boosted its position in Invesco QQQ by 5.0% during the fourth quarter. Capital Planning LLC now owns 4,844 shares of the exchange traded fund’s stock worth $2,477,000 after purchasing an additional 229 shares in the last quarter. Finally, Decker Retirement Planning Inc. acquired a new stake in Invesco QQQ in the fourth quarter valued at $6,391,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 1.7 %

NASDAQ:QQQ opened at $521.74 on Friday. Invesco QQQ has a 52-week low of $409.16 and a 52-week high of $539.15. The stock has a fifty day simple moving average of $515.79 and a 200-day simple moving average of $491.80.

Invesco QQQ Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued 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.