International Private Wealth Advisors LLC Buys 829 Shares of Invesco QQQ (NASDAQ:QQQ)

International Private Wealth Advisors LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 66.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,073 shares of the exchange traded fund’s stock after purchasing an additional 829 shares during the quarter. Invesco QQQ accounts for approximately 1.1% of International Private Wealth Advisors LLC’s holdings, making the stock its 22nd biggest position. International Private Wealth Advisors LLC’s holdings in Invesco QQQ were worth $1,060,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. SOA Wealth Advisors LLC. lifted its position in shares of Invesco QQQ by 0.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after acquiring an additional 46 shares during the period. Armstrong Advisory Group Inc. raised its stake in shares of Invesco QQQ by 4.5% in the third quarter. Armstrong Advisory Group Inc. now owns 8,663 shares of the exchange traded fund’s stock valued at $4,228,000 after purchasing an additional 370 shares in the last quarter. Affiance Financial LLC lifted its position in Invesco QQQ by 3.9% in the third quarter. Affiance Financial LLC now owns 2,881 shares of the exchange traded fund’s stock worth $1,406,000 after purchasing an additional 109 shares during the period. Redhawk Wealth Advisors Inc. boosted its stake in Invesco QQQ by 1.5% during the third quarter. Redhawk Wealth Advisors Inc. now owns 10,139 shares of the exchange traded fund’s stock worth $4,949,000 after buying an additional 149 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Invesco QQQ by 60.5% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,538 shares of the exchange traded fund’s stock valued at $2,704,000 after buying an additional 2,088 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $529.25 on Tuesday. The firm has a fifty day moving average of $521.26 and a 200-day moving average of $495.90. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15.

Invesco QQQ Dividend Announcement

The firm also recently declared 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.