DiNuzzo Private Wealth Inc. Makes New $351,000 Investment in Invesco QQQ (NASDAQ:QQQ)

DiNuzzo Private Wealth Inc. bought a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 858 shares of the exchange traded fund’s stock, valued at approximately $351,000.

Other large investors also recently bought and sold shares of the company. Red Tortoise LLC lifted its holdings in shares of Invesco QQQ by 370.0% in the 4th quarter. Red Tortoise LLC now owns 94 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 74 shares during the last quarter. Friedenthal Financial bought a new stake in shares of Invesco QQQ in the 4th quarter worth approximately $41,000. Bear Mountain Capital Inc. bought a new stake in shares of Invesco QQQ in the 4th quarter worth approximately $42,000. Core Wealth Advisors Inc. lifted its holdings in shares of Invesco QQQ by 33.3% in the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 30 shares during the last quarter. Finally, Blume Capital Management Inc. lifted its holdings in shares of Invesco QQQ by 104.0% in the 3rd quarter. Blume Capital Management Inc. now owns 135 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 3,500 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.3 %

Invesco QQQ stock traded down $1.17 during mid-day trading on Wednesday, hitting $423.42. 25,996,765 shares of the company’s stock traded hands, compared to its average volume of 45,651,406. The firm has a 50 day moving average price of $436.86 and a 200 day moving average price of $411.54. Invesco QQQ has a one year low of $315.11 and a one year high of $449.34.

Invesco QQQ Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.5735 per share. This represents a $2.29 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend was Monday, March 18th.

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.