Invesco QQQ (NASDAQ:QQQ) Position Boosted by Perigon Wealth Management LLC

Perigon Wealth Management LLC lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 175,157 shares of the exchange traded fund’s stock after purchasing an additional 4,752 shares during the quarter. Invesco QQQ comprises approximately 2.2% of Perigon Wealth Management LLC’s holdings, making the stock its 5th largest holding. Perigon Wealth Management LLC’s holdings in Invesco QQQ were worth $89,870,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. International Assets Investment Management LLC grew its position in Invesco QQQ by 46,491.6% in the third 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 acquiring an additional 32,516,210 shares in the last quarter. Granite Bay Wealth Management LLC lifted its position in shares of Invesco QQQ by 6,215.5% during the second quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after purchasing an additional 894,532 shares in the last quarter. Toronto Dominion Bank boosted its stake 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 valued at $2,080,052,000 after purchasing an additional 488,815 shares during the period. Empirical Asset Management LLC grew its holdings in Invesco QQQ by 15,676.3% during the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock valued at $103,720,000 after purchasing an additional 201,597 shares in the last quarter. Finally, Main Management ETF Advisors LLC increased its stake in Invesco QQQ by 33.5% during the 3rd quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock worth $357,228,000 after buying an additional 183,550 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $521.88 on Wednesday. The firm has a 50-day moving average of $518.14 and a two-hundred day moving average of $493.37. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15.

Invesco QQQ Announces Dividend

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

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.