Invesco QQQ (NASDAQ:QQQ) Shares Purchased by JFG Wealth Management LLC

JFG Wealth Management LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,066 shares of the exchange traded fund’s stock after purchasing an additional 54 shares during the quarter. Invesco QQQ accounts for 0.5% of JFG Wealth Management LLC’s portfolio, making the stock its 20th largest position. JFG Wealth Management LLC’s holdings in Invesco QQQ were worth $2,078,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. PayPay Securities Corp lifted its position in shares of Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 36 shares during the last quarter. Roxbury Financial LLC purchased a new position in Invesco QQQ during the 4th quarter worth approximately $37,000. Hoese & Co LLP raised its stake in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the period. Midwest Capital Advisors LLC acquired a new stake in Invesco QQQ during the 4th quarter valued at $51,000. Finally, Legacy Bridge LLC lifted its holdings in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 1.3 %

Shares of QQQ stock opened at $513.32 on Wednesday. The company has a market capitalization of $326.50 billion, a price-to-earnings ratio of 33.43 and a beta of 1.09. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The stock’s fifty day simple moving average is $522.57 and its 200-day simple moving average is $502.54.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders 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.