Invesco QQQ (NASDAQ:QQQ) Shares Bought by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC increased its position in Invesco QQQ (NASDAQ:QQQ) by 6.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,275 shares of the exchange traded fund’s stock after buying an additional 1,086 shares during the quarter. Invesco QQQ comprises approximately 1.5% of New England Private Wealth Advisors LLC’s holdings, making the stock its 22nd largest position. New England Private Wealth Advisors LLC’s holdings in Invesco QQQ were worth $9,343,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. SOA Wealth Advisors LLC. boosted its stake in shares of Invesco QQQ by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after acquiring an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC boosted its position in shares of Invesco QQQ by 13.6% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock valued at $7,553,000 after purchasing an additional 1,854 shares during the period. Ashton Thomas Securities LLC purchased a new position in Invesco QQQ in the 3rd quarter worth about $91,000. First National Trust Co increased its stake in Invesco QQQ by 1.2% in the 3rd quarter. First National Trust Co now owns 7,005 shares of the exchange traded fund’s stock worth $3,419,000 after purchasing an additional 86 shares in the last quarter. Finally, WealthPlan Investment Management LLC raised its holdings in Invesco QQQ by 1,040.1% during the 3rd quarter. WealthPlan Investment Management LLC now owns 11,150 shares of the exchange traded fund’s stock worth $5,442,000 after buying an additional 10,172 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $471.60 on Wednesday. The firm has a 50 day simple moving average of $517.19 and a 200 day simple moving average of $504.07. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81. The company has a market cap of $297.23 billion, a PE ratio of 33.43 and a beta of 1.11.

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 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.