Wealthgarden F.S. LLC Has $948,000 Position in Invesco QQQ (NASDAQ:QQQ)

Wealthgarden F.S. LLC reduced its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 97.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,854 shares of the exchange traded fund’s stock after selling 75,129 shares during the period. Wealthgarden F.S. LLC’s holdings in Invesco QQQ were worth $948,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sigma Investment Counselors Inc. raised its stake in shares of Invesco QQQ by 4.2% in the 4th quarter. Sigma Investment Counselors Inc. now owns 22,049 shares of the exchange traded fund’s stock valued at $11,272,000 after purchasing an additional 886 shares during the period. MONECO Advisors LLC raised its stake in shares of Invesco QQQ by 11.8% in the 4th quarter. MONECO Advisors LLC now owns 9,043 shares of the exchange traded fund’s stock valued at $4,623,000 after purchasing an additional 957 shares during the period. Elwood & Goetz Wealth Advisory Group LLC acquired a new stake in shares of Invesco QQQ in the 4th quarter valued at about $223,000. Lansing Street Advisors raised its position in Invesco QQQ by 23.2% in the 4th quarter. Lansing Street Advisors now owns 20,638 shares of the exchange traded fund’s stock valued at $10,551,000 after buying an additional 3,886 shares during the last quarter. Finally, Wealthspire Advisors LLC raised its position in Invesco QQQ by 1.3% in the 4th quarter. Wealthspire Advisors LLC now owns 131,223 shares of the exchange traded fund’s stock valued at $67,085,000 after buying an additional 1,702 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $526.08 on Friday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81. The business’s 50 day simple moving average is $523.39 and its 200 day simple moving average is $501.12.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.8347 dividend. 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.