Invesco QQQ (NASDAQ:QQQ) Position Raised by Three Bridge Wealth Advisors LLC

Three Bridge Wealth Advisors LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 16.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 21,368 shares of the exchange traded fund’s stock after buying an additional 2,951 shares during the period. Invesco QQQ comprises about 3.8% of Three Bridge Wealth Advisors LLC’s holdings, making the stock its 7th biggest position. Three Bridge Wealth Advisors LLC’s holdings in Invesco QQQ were worth $10,924,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in Invesco QQQ by 829.7% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 169,070 shares of the exchange traded fund’s stock valued at $86,434,000 after purchasing an additional 150,885 shares during the last quarter. Clarity Capital Partners LLC boosted its position in shares of Invesco QQQ by 8.0% during the fourth quarter. Clarity Capital Partners LLC now owns 4,151 shares of the exchange traded fund’s stock valued at $2,122,000 after buying an additional 309 shares during the period. Naples Global Advisors LLC raised its holdings in shares of Invesco QQQ by 5.2% in the fourth quarter. Naples Global Advisors LLC now owns 3,589 shares of the exchange traded fund’s stock worth $1,835,000 after buying an additional 178 shares during the period. Retirement Guys Formula LLC raised its holdings in shares of Invesco QQQ by 10.6% in the fourth quarter. Retirement Guys Formula LLC now owns 7,016 shares of the exchange traded fund’s stock worth $3,587,000 after buying an additional 673 shares during the period. Finally, Avion Wealth lifted its stake in shares of Invesco QQQ by 66.8% during the 4th quarter. Avion Wealth now owns 899 shares of the exchange traded fund’s stock worth $459,000 after acquiring an additional 360 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.1 %

Shares of Invesco QQQ stock opened at $528.30 on Thursday. The stock’s fifty day moving average is $521.76 and its two-hundred day moving average is $496.86. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Announces Dividend

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