RCS Financial Planning LLC Has $558,000 Holdings in Invesco QQQ (NASDAQ:QQQ)

RCS Financial Planning LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,092 shares of the exchange traded fund’s stock after purchasing an additional 30 shares during the period. RCS Financial Planning LLC’s holdings in Invesco QQQ were worth $558,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of QQQ. International Assets Investment Management LLC grew its stake 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 worth $15,904,322,000 after purchasing an additional 32,516,210 shares during the period. Toronto Dominion Bank boosted its holdings in 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 worth $2,080,052,000 after buying an additional 488,815 shares during the last quarter. Empirical Asset Management LLC grew its position in shares of Invesco QQQ by 15,676.3% during the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock worth $103,720,000 after buying an additional 201,597 shares during the period. Main Management ETF Advisors LLC increased its stake in shares of Invesco QQQ by 33.5% in the 3rd quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock valued at $357,228,000 after acquiring an additional 183,550 shares during the last quarter. Finally, Meridian Wealth Management LLC acquired a new stake in shares of Invesco QQQ in the 3rd quarter valued at approximately $77,091,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $520.83 on Thursday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The firm has a 50 day moving average price of $518.51 and a 200 day moving average price of $493.56.

Invesco QQQ Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given 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.