Integrity Wealth Solutions LLC Acquires 843 Shares of Invesco QQQ (NASDAQ:QQQ)

Integrity Wealth Solutions LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 34.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,303 shares of the exchange traded fund's stock after buying an additional 843 shares during the period. Integrity Wealth Solutions LLC's holdings in Invesco QQQ were worth $1,549,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of QQQ. Tallon Kerry Patrick bought a new position in shares of Invesco QQQ in the 4th quarter valued at about $4,904,000. Naviter Wealth LLC lifted its stake in Invesco QQQ by 8.8% in the 4th quarter. Naviter Wealth LLC now owns 1,320 shares of the exchange traded fund's stock valued at $675,000 after purchasing an additional 107 shares during the last quarter. Eagle Capital Management LLC grew its holdings in Invesco QQQ by 0.3% during the fourth quarter. Eagle Capital Management LLC now owns 60,686 shares of the exchange traded fund's stock worth $31,025,000 after purchasing an additional 185 shares during the period. Brighton Jones LLC grew its holdings in Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund's stock worth $19,605,000 after purchasing an additional 4,989 shares during the period. Finally, Union Bancaire Privee UBP SA acquired a new position in Invesco QQQ during the fourth quarter worth approximately $14,209,000. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $526.83 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $540.81. The stock's 50 day moving average price is $500.57 and its two-hundred day moving average price is $503.28.

Invesco QQQ Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 24th were issued a dividend of $0.7157 per share. The ex-dividend date was Monday, March 24th.

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.

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