Diversify Wealth Management LLC Purchases 11,967 Shares of Invesco QQQ (NASDAQ:QQQ)

Diversify Wealth Management LLC raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 206.9% during the fourth quarter, Holdings Channel reports. The fund owned 17,750 shares of the exchange traded fund’s stock after buying an additional 11,967 shares during the period. Invesco QQQ comprises about 0.7% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position. Diversify Wealth Management LLC’s holdings in Invesco QQQ were worth $9,003,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Legacy Bridge LLC boosted its holdings in Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the period. BNP Paribas bought a new stake in Invesco QQQ in the third quarter valued at approximately $62,000. Brooklyn Investment Group purchased a new stake in shares of Invesco QQQ during the fourth quarter valued at approximately $69,000. Ritter Daniher Financial Advisory LLC DE grew its holdings in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. Finally, Pacifica Partners Inc. bought a new position in shares of Invesco QQQ in the fourth quarter worth approximately $73,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 1.7 %

NASDAQ:QQQ opened at $521.74 on Tuesday. The company has a fifty day moving average of $515.94 and a 200 day moving average of $492.12. Invesco QQQ has a 52 week low of $409.16 and a 52 week high of $539.15.

Invesco QQQ Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid 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.