31,955 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by BostonPremier Wealth LLC

BostonPremier Wealth LLC acquired a new position in Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, HoldingsChannel reports. The fund acquired 31,955 shares of the exchange traded fund’s stock, valued at approximately $16,336,000. Invesco QQQ accounts for about 9.9% of BostonPremier Wealth LLC’s investment portfolio, making the stock its 2nd largest holding.

Several other institutional investors also recently modified their holdings of QQQ. International Assets Investment Management LLC raised its holdings in shares of Invesco QQQ by 46,491.6% during the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after purchasing an additional 32,516,210 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of Invesco QQQ by 47,853.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after purchasing an additional 4,105,389 shares during the period. Toronto Dominion Bank raised its holdings in shares of Invesco QQQ by 13.0% during the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after purchasing an additional 488,815 shares during the period. Cibc World Market Inc. raised its holdings in shares of Invesco QQQ by 90.0% during the fourth quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock valued at $350,764,000 after purchasing an additional 324,948 shares during the period. Finally, Empirical Asset Management LLC raised its holdings in shares of Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock valued at $103,720,000 after purchasing an additional 201,597 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ opened at $529.25 on Tuesday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15. The company’s 50-day moving average is $521.26 and its 200 day moving average is $495.90.

Invesco QQQ Announces Dividend

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