Heritage Wealth Partners LLC Has $5.17 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Heritage Wealth Partners LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,104 shares of the exchange traded fund’s stock after purchasing an additional 52 shares during the quarter. Invesco QQQ accounts for about 6.5% of Heritage Wealth Partners LLC’s holdings, making the stock its 2nd largest position. Heritage Wealth Partners LLC’s holdings in Invesco QQQ were worth $5,166,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC increased its holdings in Invesco QQQ by 159.6% during the 4th quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after acquiring an additional 2,059 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Invesco QQQ by 141.0% in the third 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 raised its position in shares of Invesco QQQ by 2.4% in the third quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after buying an additional 2,171 shares in the last quarter. NRI Wealth Management LC bought a new stake in Invesco QQQ during the fourth quarter valued at $28,729,000. Finally, Garden State Investment Advisory Services LLC grew its position in Invesco QQQ by 13.1% during the third quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after buying an additional 3,581 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.3 %

NASDAQ:QQQ opened at $505.56 on Tuesday. The business’s 50-day moving average price is $515.32 and its two-hundred day moving average price is $491.29. Invesco QQQ has a twelve month low of $402.92 and a twelve month high of $539.15.

Invesco QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.8347 dividend. 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.