Invesco QQQ (NASDAQ:QQQ) Stock Holdings Boosted by Buska Wealth Management LLC

Buska Wealth Management LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 8.3% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 33,887 shares of the exchange traded fund's stock after acquiring an additional 2,605 shares during the quarter. Invesco QQQ comprises about 5.0% of Buska Wealth Management LLC's portfolio, making the stock its 5th largest position. Buska Wealth Management LLC's holdings in Invesco QQQ were worth $15,890,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Kwmg LLC increased its stake in shares of Invesco QQQ by 0.4% in the first quarter. Kwmg LLC now owns 50,089 shares of the exchange traded fund's stock worth $23,488,000 after acquiring an additional 219 shares during the period. Capital Asset Advisory Services LLC grew its position in Invesco QQQ by 1.7% during the 1st quarter. Capital Asset Advisory Services LLC now owns 7,387 shares of the exchange traded fund's stock worth $3,517,000 after purchasing an additional 122 shares during the period. McLean Asset Management Corp raised its stake in shares of Invesco QQQ by 8.6% during the 1st quarter. McLean Asset Management Corp now owns 1,359 shares of the exchange traded fund's stock valued at $637,000 after buying an additional 108 shares during the last quarter. ETF Portfolio Partners Inc. raised its stake in shares of Invesco QQQ by 42.1% during the 1st quarter. ETF Portfolio Partners Inc. now owns 31,385 shares of the exchange traded fund's stock valued at $14,717,000 after buying an additional 9,296 shares during the last quarter. Finally, Fulton Bank N.A. lifted its holdings in shares of Invesco QQQ by 2.3% in the 1st quarter. Fulton Bank N.A. now owns 4,895 shares of the exchange traded fund's stock valued at $2,295,000 after buying an additional 110 shares during the period. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Up 0.3%

Shares of QQQ traded up $1.47 during mid-day trading on Wednesday, reaching $528.77. The company had a trading volume of 41,230,680 shares, compared to its average volume of 37,764,099. The stock has a market capitalization of $339.92 billion, a P/E ratio of 32.66 and a beta of 1.18. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $540.81. The stock has a 50 day moving average of $479.75 and a two-hundred day moving average of $501.34.

Invesco QQQ Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were given a $0.7157 dividend. 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.