Invesco QQQ (NASDAQ:QQQ) is Bouchey Financial Group Ltd’s Largest Position

Bouchey Financial Group Ltd reduced its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 379,501 shares of the exchange traded fund’s stock after selling 1,076 shares during the period. Invesco QQQ comprises about 17.0% of Bouchey Financial Group Ltd’s holdings, making the stock its largest holding. Bouchey Financial Group Ltd owned about 0.06% of Invesco QQQ worth $194,012,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Security Advisor Inc. acquired a new stake in shares of Invesco QQQ in the fourth quarter valued at $266,000. Verus Capital Partners LLC raised its stake in Invesco QQQ by 4.5% in the fourth quarter. Verus Capital Partners LLC now owns 28,279 shares of the exchange traded fund’s stock valued at $14,457,000 after buying an additional 1,216 shares in the last quarter. Fort Sheridan Advisors LLC raised its stake in Invesco QQQ by 8.4% in the fourth quarter. Fort Sheridan Advisors LLC now owns 5,923 shares of the exchange traded fund’s stock valued at $3,028,000 after buying an additional 457 shares in the last quarter. Prosperitas Financial LLC raised its stake in Invesco QQQ by 2.3% in the fourth quarter. Prosperitas Financial LLC now owns 21,614 shares of the exchange traded fund’s stock valued at $11,050,000 after buying an additional 478 shares in the last quarter. Finally, A&I Financial Services LLC acquired a new stake in Invesco QQQ in the fourth quarter valued at $204,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

QQQ opened at $500.27 on Friday. The business’s 50-day simple moving average is $522.25 and its 200-day simple moving average is $502.61. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The stock has a market capitalization of $315.30 billion, a P/E ratio of 33.43 and a beta of 1.11.

Invesco QQQ Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date 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.