Atlas Brown Inc. Purchases 28 Shares of Invesco QQQ (NASDAQ:QQQ)

Atlas Brown Inc. raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.8% in the fourth quarter, HoldingsChannel reports. The firm owned 3,579 shares of the exchange traded fund’s stock after acquiring an additional 28 shares during the period. Atlas Brown Inc.’s holdings in Invesco QQQ were worth $1,829,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. HBW Advisory Services LLC raised its holdings in shares of Invesco QQQ by 3.4% in the 4th quarter. HBW Advisory Services LLC now owns 54,342 shares of the exchange traded fund’s stock valued at $27,781,000 after purchasing an additional 1,794 shares in the last quarter. Praetorian Wealth Management Inc. purchased a new position in Invesco QQQ during the fourth quarter valued at approximately $212,000. ORG Partners LLC raised its stake in Invesco QQQ by 9.8% in the fourth quarter. ORG Partners LLC now owns 1,631 shares of the exchange traded fund’s stock worth $834,000 after buying an additional 146 shares in the last quarter. Baker Tilly Wealth Management LLC lifted its holdings in Invesco QQQ by 1.9% during the fourth quarter. Baker Tilly Wealth Management LLC now owns 12,967 shares of the exchange traded fund’s stock worth $6,629,000 after buying an additional 240 shares during the period. Finally, Fortitude Family Office LLC boosted its position in Invesco QQQ by 5,417.6% during the 4th quarter. Fortitude Family Office LLC now owns 9,711 shares of the exchange traded fund’s stock valued at $4,964,000 after acquiring an additional 9,535 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

QQQ stock traded down $8.05 during trading on Friday, reaching $507.22. 35,394,421 shares of the company traded hands, compared to its average volume of 33,720,684. The business has a 50 day simple moving average of $514.52 and a 200 day simple moving average of $490.73. Invesco QQQ has a 12 month low of $402.92 and a 12 month high of $539.15.

Invesco QQQ Dividend Announcement

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.