RCS Financial Planning LLC Buys 30 Shares of Invesco QQQ (NASDAQ:QQQ)

RCS Financial Planning LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.8% in the 4th quarter, Holdings Channel reports. The fund owned 1,092 shares of the exchange traded fund’s stock after acquiring an additional 30 shares during the quarter. RCS Financial Planning LLC’s holdings in Invesco QQQ were worth $558,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in QQQ. Hoese & Co LLP raised its holdings in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Legacy Bridge LLC increased its stake in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in Invesco QQQ in the 3rd quarter valued at $62,000. Brooklyn Investment Group bought a new stake in Invesco QQQ during the 4th quarter worth about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Invesco QQQ by 75.9% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after buying an additional 63 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.2 %

NASDAQ:QQQ opened at $520.83 on Thursday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The stock’s 50-day simple moving average is $518.51 and its 200 day simple moving average is $493.56.

Invesco QQQ Announces Dividend

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