Twin Peaks Wealth Advisors LLC Has $5.01 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Twin Peaks Wealth Advisors LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 1.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 9,807 shares of the exchange traded fund’s stock after purchasing an additional 97 shares during the period. Invesco QQQ accounts for 2.1% of Twin Peaks Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Twin Peaks Wealth Advisors LLC’s holdings in Invesco QQQ were worth $5,014,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its position in Invesco QQQ by 47,853.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after purchasing an additional 4,105,389 shares during the period. Artemis Wealth Advisors LLC boosted its stake in shares of Invesco QQQ by 1,337.4% in the 4th quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund’s stock valued at $423,470,000 after purchasing an additional 895,277 shares during the last quarter. Toronto Dominion Bank grew its position in shares of Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after buying an additional 488,815 shares during the period. Cibc World Market Inc. raised its stake in shares of Invesco QQQ by 90.0% during the fourth quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after buying an additional 324,948 shares during the last quarter. Finally, Bell Bank raised its stake in shares of Invesco QQQ by 112.7% during the fourth quarter. Bell Bank now owns 381,080 shares of the exchange traded fund’s stock worth $194,820,000 after buying an additional 201,918 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.2 %

Shares of QQQ stock opened at $519.87 on Tuesday. The firm’s 50 day moving average price is $523.02 and its two-hundred day moving average price is $502.10. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81.

Invesco QQQ Announces Dividend

The business also recently declared 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 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.