Invesco QQQ (NASDAQ:QQQ) Shares Bought by Marcum Wealth LLC

Marcum Wealth LLC increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 3.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,566 shares of the exchange traded fund’s stock after buying an additional 605 shares during the period. Invesco QQQ makes up about 0.9% of Marcum Wealth LLC’s portfolio, making the stock its 20th largest holding. Marcum Wealth LLC’s holdings in Invesco QQQ were worth $10,003,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of QQQ. Legacy Bridge LLC lifted its stake in Invesco QQQ by 60.0% in the third 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 shares of Invesco QQQ in the 3rd quarter worth about $62,000. Ritter Daniher Financial Advisory LLC DE lifted its position in Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the last quarter. Providence Capital Advisors LLC acquired a new position in Invesco QQQ during the 2nd quarter valued at about $76,000. Finally, Ashton Thomas Securities LLC acquired a new position in Invesco QQQ during the 3rd quarter valued at about $91,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $505.56 on Tuesday. The firm’s 50 day moving average is $515.32 and its two-hundred day moving average is $491.29. Invesco QQQ has a 52 week low of $402.92 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

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