Visionary Horizons LLC Raises Stock Position in Invesco QQQ (NASDAQ:QQQ)

Visionary Horizons LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 2.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 10,500 shares of the exchange traded fund’s stock after acquiring an additional 288 shares during the period. Invesco QQQ accounts for about 3.5% of Visionary Horizons LLC’s portfolio, making the stock its 7th biggest position. Visionary Horizons LLC’s holdings in Invesco QQQ were worth $5,368,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of QQQ. Alliance Wealth Advisors LLC increased its holdings in Invesco QQQ by 2.6% in the fourth quarter. Alliance Wealth Advisors LLC now owns 20,141 shares of the exchange traded fund’s stock valued at $10,297,000 after purchasing an additional 515 shares during the last quarter. Northeast Investment Management increased its stake in shares of Invesco QQQ by 1.9% in the 4th quarter. Northeast Investment Management now owns 3,541 shares of the exchange traded fund’s stock valued at $1,810,000 after acquiring an additional 65 shares during the last quarter. Benedict Financial Advisors Inc. raised its position in shares of Invesco QQQ by 4.4% in the 4th quarter. Benedict Financial Advisors Inc. now owns 5,522 shares of the exchange traded fund’s stock valued at $2,823,000 after acquiring an additional 235 shares during the period. Investment Advisory Services Inc. TX ADV raised its position in shares of Invesco QQQ by 1.3% in the 4th quarter. Investment Advisory Services Inc. TX ADV now owns 52,284 shares of the exchange traded fund’s stock valued at $26,729,000 after acquiring an additional 686 shares during the period. Finally, Empirical Finance LLC boosted its stake in Invesco QQQ by 6.0% during the 4th quarter. Empirical Finance LLC now owns 15,419 shares of the exchange traded fund’s stock worth $7,883,000 after acquiring an additional 874 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 1.3 %

Shares of NASDAQ:QQQ opened at $522.92 on Friday. The company has a 50 day moving average price of $521.26 and a two-hundred day moving average price of $495.57. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

The company also recently disclosed 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 Company 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.