One Wealth Capital Management LLC Purchases Shares of 537 Invesco QQQ (NASDAQ:QQQ)

One Wealth Capital Management LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 537 shares of the exchange traded fund’s stock, valued at approximately $275,000.

A number of other large investors also recently added to or reduced their stakes in the business. Lantz Financial LLC purchased a new stake in shares of Invesco QQQ during the second quarter worth about $214,000. Principal Financial Group Inc. boosted its holdings in Invesco QQQ by 4.7% in the second quarter. Principal Financial Group Inc. now owns 8,048 shares of the exchange traded fund’s stock valued at $3,856,000 after acquiring an additional 363 shares in the last quarter. First Foundation Advisors boosted its stake in shares of Invesco QQQ by 2.5% during the 2nd quarter. First Foundation Advisors now owns 6,742 shares of the exchange traded fund’s stock valued at $3,230,000 after purchasing an additional 164 shares in the last quarter. NRI Wealth Management LC purchased a new position in shares of Invesco QQQ during the 2nd quarter worth approximately $25,092,000. Finally, HCR Wealth Advisors grew its stake in Invesco QQQ by 5.5% in the second quarter. HCR Wealth Advisors now owns 10,380 shares of the exchange traded fund’s stock worth $4,974,000 after purchasing an additional 537 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Invesco QQQ stock traded down $9.87 on Tuesday, hitting $514.67. 30,733,033 shares of the stock traded hands, compared to its average volume of 32,257,414. Invesco QQQ has a 1 year low of $397.84 and a 1 year high of $539.15. The business’s fifty day simple moving average is $513.21 and its 200 day simple moving average is $490.14.

Invesco QQQ Announces Dividend

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