Johnson & White Wealth Management LLC Boosts Stock Position in Invesco QQQ (NASDAQ:QQQ)

Johnson & White Wealth Management LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 5.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,114 shares of the exchange traded fund’s stock after purchasing an additional 53 shares during the quarter. Johnson & White Wealth Management LLC’s holdings in Invesco QQQ were worth $568,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of QQQ. Legacy Bridge LLC increased 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 worth $59,000 after buying an additional 45 shares during the period. BNP Paribas purchased a new position in Invesco QQQ in the 3rd quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE lifted its position in 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 valued at $71,000 after purchasing an additional 63 shares during the last quarter. Providence Capital Advisors LLC purchased a new stake in shares of Invesco QQQ during the second quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of Invesco QQQ in the third quarter worth approximately $91,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.1 %

NASDAQ:QQQ opened at $505.08 on Wednesday. The company has a fifty day moving average of $515.57 and a 200 day moving average of $491.47. Invesco QQQ has a 52 week low of $402.92 and a 52 week high of $539.15.

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 issued a dividend of $0.8347 per share. The ex-dividend date 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.