Tilia Fiduciary Partners Inc. Purchases 81 Shares of Invesco QQQ (NASDAQ:QQQ)

Tilia Fiduciary Partners Inc. increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 8.2% during the 4th quarter, Holdings Channel reports. The firm owned 1,065 shares of the exchange traded fund’s stock after acquiring an additional 81 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in Invesco QQQ were worth $545,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Atlas Brown Inc. increased its stake in Invesco QQQ by 0.8% in the 4th quarter. Atlas Brown Inc. now owns 3,579 shares of the exchange traded fund’s stock worth $1,829,000 after buying an additional 28 shares in the last quarter. HBW Advisory Services LLC boosted its stake in shares of Invesco QQQ by 3.4% in the fourth quarter. HBW Advisory Services LLC now owns 54,342 shares of the exchange traded fund’s stock worth $27,781,000 after acquiring an additional 1,794 shares during the period. Praetorian Wealth Management Inc. purchased a new stake in shares of Invesco QQQ during the fourth quarter worth about $212,000. ORG Partners LLC raised its stake in Invesco QQQ by 9.8% during the 4th quarter. ORG Partners LLC now owns 1,631 shares of the exchange traded fund’s stock valued at $834,000 after purchasing an additional 146 shares during the period. Finally, Baker Tilly Wealth Management LLC lifted its holdings in Invesco QQQ by 1.9% in the 4th quarter. Baker Tilly Wealth Management LLC now owns 12,967 shares of the exchange traded fund’s stock worth $6,629,000 after purchasing an additional 240 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 1.5 %

QQQ stock traded down $7.64 during midday trading on Friday, hitting $507.63. The company’s stock had a trading volume of 39,636,068 shares, compared to its average volume of 34,206,148. Invesco QQQ has a 12 month low of $402.92 and a 12 month high of $539.15. The company has a 50 day moving average of $514.52 and a two-hundred day moving average of $490.73.

Invesco QQQ Announces Dividend

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