Wolff Financial Management LLC Buys 21 Shares of Invesco QQQ (NASDAQ:QQQ)

Wolff Financial Management LLC increased its stake in Invesco QQQ (NASDAQ:QQQ) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,276 shares of the exchange traded fund’s stock after purchasing an additional 21 shares during the period. Invesco QQQ makes up 0.5% of Wolff Financial Management LLC’s holdings, making the stock its 26th largest position. Wolff Financial Management LLC’s holdings in Invesco QQQ were worth $1,675,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. 1832 Asset Management L.P. lifted its position in Invesco QQQ by 1.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock worth $1,173,000 after buying an additional 25 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Invesco QQQ by 332.0% in the second quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock valued at $5,769,000 after acquiring an additional 9,254 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new stake in Invesco QQQ during the second quarter worth about $203,000. The Manufacturers Life Insurance Company boosted its position in Invesco QQQ by 28.5% during the second quarter. The Manufacturers Life Insurance Company now owns 70,490 shares of the exchange traded fund’s stock valued at $33,772,000 after purchasing an additional 15,648 shares during the last quarter. Finally, Scientech Research LLC acquired a new position in shares of Invesco QQQ during the 2nd quarter worth approximately $1,086,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.6 %

Shares of Invesco QQQ stock opened at $529.63 on Friday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The business’s 50 day moving average is $517.20 and its 200-day moving average is $493.09.

Invesco QQQ Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date of this dividend 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.