Invesco QQQ (NASDAQ:QQQ) is Proathlete Wealth Management LLC’s 5th Largest Position

Proathlete Wealth Management LLC lifted its position in Invesco QQQ (NASDAQ:QQQ) by 8.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,325 shares of the exchange traded fund’s stock after acquiring an additional 2,008 shares during the period. Invesco QQQ comprises approximately 5.1% of Proathlete Wealth Management LLC’s holdings, making the stock its 5th largest position. Proathlete Wealth Management LLC’s holdings in Invesco QQQ were worth $13,461,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Hoese & Co LLP boosted its holdings in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares during the period. Legacy Bridge LLC boosted its stake in shares of Invesco QQQ by 60.0% during 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 period. BNP Paribas purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at $62,000. Brooklyn Investment Group acquired a new position in shares of Invesco QQQ in the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its stake in Invesco QQQ by 75.9% in the third 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 in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.5 %

QQQ opened at $521.88 on Wednesday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15. The business has a 50-day moving average of $518.14 and a 200-day moving average of $493.37.

Invesco QQQ Dividend Announcement

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