Leslie Global Wealth LLC Raises Stake in Invesco QQQ (NASDAQ:QQQ)

Leslie Global Wealth LLC increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 34.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,107 shares of the exchange traded fund's stock after purchasing an additional 3,620 shares during the period. Invesco QQQ makes up 3.3% of Leslie Global Wealth LLC's portfolio, making the stock its 9th biggest position. Leslie Global Wealth LLC's holdings in Invesco QQQ were worth $7,212,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of QQQ. Proficio Capital Partners LLC lifted its stake in Invesco QQQ by 51,292.3% in the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund's stock valued at $5,879,434,000 after acquiring an additional 11,478,188 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in Invesco QQQ by 47,853.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund's stock valued at $2,103,184,000 after acquiring an additional 4,105,389 shares during the last quarter. Senator Investment Group LP acquired a new stake in Invesco QQQ in the fourth quarter valued at $679,936,000. Artemis Wealth Advisors LLC raised its position in shares of Invesco QQQ by 1,337.4% in the fourth quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund's stock valued at $423,470,000 after purchasing an additional 895,277 shares during the period. Finally, Susquehanna Advisors Group Inc. bought a new position in shares of Invesco QQQ in the fourth quarter valued at about $344,530,000. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Up 1.9 %

Shares of QQQ traded up $8.85 during trading hours on Thursday, hitting $484.32. The company had a trading volume of 25,971,834 shares, compared to its average volume of 44,338,125. The firm has a market cap of $306.89 billion, a price-to-earnings ratio of 28.58 and a beta of 1.11. The business has a fifty day moving average of $470.81 and a 200-day moving average of $499.65. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $540.81.

Invesco QQQ Cuts Dividend

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

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.