Invesco QQQ (NASDAQ:QQQ) is Falcon Wealth Planning’s 10th Largest Position

Falcon Wealth Planning raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,585 shares of the exchange traded fund’s stock after purchasing an additional 3,739 shares during the quarter. Invesco QQQ makes up approximately 4.1% of Falcon Wealth Planning’s portfolio, making the stock its 10th largest holding. Falcon Wealth Planning’s holdings in Invesco QQQ were worth $37,108,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bensler LLC grew its position in Invesco QQQ by 6.1% during the fourth quarter. Bensler LLC now owns 27,018 shares of the exchange traded fund’s stock worth $13,812,000 after buying an additional 1,560 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Invesco QQQ by 6.4% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 3,551 shares of the exchange traded fund’s stock worth $1,815,000 after buying an additional 214 shares during the last quarter. Aspire Capital Advisors LLC lifted its holdings in shares of Invesco QQQ by 49.3% during the 4th quarter. Aspire Capital Advisors LLC now owns 2,521 shares of the exchange traded fund’s stock worth $1,289,000 after acquiring an additional 833 shares during the last quarter. Chico Wealth RIA bought a new position in Invesco QQQ in the fourth quarter valued at $204,000. Finally, Wealth Effects LLC lifted its position in Invesco QQQ by 3.0% in the 4th quarter. Wealth Effects LLC now owns 2,705 shares of the exchange traded fund’s stock worth $1,383,000 after buying an additional 80 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

QQQ stock opened at $521.88 on Wednesday. The company’s 50 day moving average price is $518.14 and its two-hundred day moving average price is $493.37. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15.

Invesco QQQ Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.8347 per share. 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.