Invesco QQQ (NASDAQ:QQQ) Stock Holdings Raised by BostonPremier Wealth LLC

BostonPremier Wealth LLC increased its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 11.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,754 shares of the exchange traded fund's stock after acquiring an additional 3,799 shares during the period. Invesco QQQ comprises approximately 10.4% of BostonPremier Wealth LLC's holdings, making the stock its 2nd largest position. BostonPremier Wealth LLC's holdings in Invesco QQQ were worth $16,766,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in QQQ. Tallon Kerry Patrick bought a new position in Invesco QQQ during the 4th quarter valued at about $4,904,000. Capital & Planning LLC grew its stake in shares of Invesco QQQ by 5.0% in the fourth quarter. Capital & Planning LLC now owns 4,844 shares of the exchange traded fund's stock worth $2,477,000 after acquiring an additional 229 shares during the period. Naviter Wealth LLC grew its stake in shares of Invesco QQQ by 8.8% in the fourth quarter. Naviter Wealth LLC now owns 1,320 shares of the exchange traded fund's stock worth $675,000 after acquiring an additional 107 shares during the period. Eagle Capital Management LLC raised its holdings in shares of 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 valued at $31,025,000 after purchasing an additional 185 shares during the last quarter. Finally, Brighton Jones LLC raised its holdings in shares of Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund's stock valued at $19,605,000 after purchasing an additional 4,989 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $528.99 on Thursday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $540.81. The firm's 50 day moving average is $497.46 and its 200 day moving average is $503.26.

Invesco QQQ Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th were paid a $0.7157 dividend. The ex-dividend date was Monday, March 24th.

About Invesco QQQ

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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