LongView Wealth Management Acquires 463 Shares of Invesco QQQ (NASDAQ:QQQ)

LongView Wealth Management raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,960 shares of the exchange traded fund’s stock after acquiring an additional 463 shares during the period. Invesco QQQ comprises 1.7% of LongView Wealth Management’s holdings, making the stock its 15th biggest holding. LongView Wealth Management’s holdings in Invesco QQQ were worth $5,603,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Legacy Bridge LLC grew its holdings in shares of Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares during the last quarter. BNP Paribas acquired a new position in Invesco QQQ in the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group bought a new position in shares of Invesco QQQ during the fourth quarter valued at $69,000. Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the period. Finally, Pacifica Partners Inc. bought a new stake in shares of Invesco QQQ in the fourth quarter worth $73,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 1.7 %

Invesco QQQ stock opened at $521.74 on Friday. Invesco QQQ has a one year low of $409.16 and a one year high of $539.15. The stock’s 50 day moving average is $515.79 and its 200 day moving average is $491.80.

Invesco QQQ Dividend Announcement

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