Joseph P. Lucia & Associates LLC Purchases 452 Shares of Invesco QQQ (NASDAQ:QQQ)

Joseph P. Lucia & Associates LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 4.7% in the 4th quarter, HoldingsChannel reports. The fund owned 10,002 shares of the exchange traded fund’s stock after purchasing an additional 452 shares during the period. Invesco QQQ makes up approximately 2.3% of Joseph P. Lucia & Associates LLC’s investment portfolio, making the stock its 11th biggest holding. Joseph P. Lucia & Associates LLC’s holdings in Invesco QQQ were worth $5,113,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. GAMMA Investing LLC raised its holdings in shares of Invesco QQQ by 159.6% in the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock valued at $1,712,000 after purchasing an additional 2,059 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Invesco QQQ by 141.0% in the 3rd quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after purchasing an additional 11,351 shares during the period. Socha Financial Group LLC lifted its position in shares of Invesco QQQ by 2.4% during the 3rd quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock valued at $44,732,000 after buying an additional 2,171 shares during the last quarter. NRI Wealth Management LC purchased a new stake in Invesco QQQ during the fourth quarter valued at about $28,729,000. Finally, Garden State Investment Advisory Services LLC lifted its stake in shares of Invesco QQQ by 13.1% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock valued at $15,169,000 after buying an additional 3,581 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 1.5 %

Invesco QQQ stock opened at $521.88 on Wednesday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The business has a fifty day moving average price of $518.14 and a 200-day moving average price of $493.37.

Invesco QQQ Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

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.