Invesco QQQ (NASDAQ:QQQ) Shares Bought by Zhang Financial LLC

Zhang Financial LLC raised its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 11.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,046 shares of the exchange traded fund's stock after purchasing an additional 642 shares during the period. Zhang Financial LLC's holdings in Invesco QQQ were worth $3,091,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QQQ. International Assets Investment Management LLC raised its position in shares of Invesco QQQ by 46,491.6% in the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund's stock valued at $15,904,322,000 after purchasing an additional 32,516,210 shares during the last quarter. Granite Bay Wealth Management LLC increased its stake in Invesco QQQ by 6,215.5% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund's stock valued at $409,513,000 after purchasing an additional 894,532 shares in the last quarter. Toronto Dominion Bank raised its holdings in shares of Invesco QQQ by 13.0% in the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund's stock worth $2,080,052,000 after buying an additional 488,815 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Invesco QQQ by 7.3% during the second quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund's stock worth $2,379,676,000 after buying an additional 338,494 shares during the period. Finally, Empirical Asset Management LLC grew its holdings in shares of Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund's stock valued at $103,720,000 after buying an additional 201,597 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

QQQ stock traded up $2.93 during midday trading on Tuesday, reaching $524.67. The stock had a trading volume of 19,438,470 shares, compared to its average volume of 34,026,484. The firm has a fifty day simple moving average of $516.10 and a two-hundred day simple moving average of $492.33. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15.

Invesco QQQ Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.