Baker Tilly Wealth Management LLC Purchases 240 Shares of Invesco QQQ (NASDAQ:QQQ)

Baker Tilly Wealth Management LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,967 shares of the exchange traded fund’s stock after purchasing an additional 240 shares during the quarter. Invesco QQQ accounts for approximately 2.6% of Baker Tilly Wealth Management LLC’s holdings, making the stock its 5th biggest position. Baker Tilly Wealth Management LLC’s holdings in Invesco QQQ were worth $6,629,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Legacy Bridge LLC increased its holdings in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the last quarter. BNP Paribas bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $62,000. Ritter Daniher Financial Advisory LLC DE grew its holdings in shares of Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares in the last quarter. Providence Capital Advisors LLC bought a new stake in Invesco QQQ during the second quarter worth $76,000. Finally, Ashton Thomas Securities LLC bought a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $91,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.4 %

Invesco QQQ stock traded down $7.01 during trading hours on Friday, hitting $508.26. The company had a trading volume of 15,030,130 shares, compared to its average volume of 30,268,389. Invesco QQQ has a one year low of $402.92 and a one year high of $539.15. The firm has a 50-day moving average of $514.52 and a 200 day moving average of $490.73.

Invesco QQQ Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

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.