Denver Wealth Management Inc. Acquires 66 Shares of Invesco QQQ (NASDAQ:QQQ)

Denver Wealth Management Inc. grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,740 shares of the exchange traded fund’s stock after purchasing an additional 66 shares during the period. Invesco QQQ makes up about 1.3% of Denver Wealth Management Inc.’s holdings, making the stock its 15th biggest position. Denver Wealth Management Inc.’s holdings in Invesco QQQ were worth $2,934,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Hoese & Co LLP boosted its holdings in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the period. Legacy Bridge LLC boosted its stake in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares during the period. BNP Paribas purchased a new position in Invesco QQQ during the 3rd quarter valued at about $62,000. Brooklyn Investment Group bought a new stake in shares of Invesco QQQ during the fourth quarter valued at about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of 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 worth $71,000 after buying an additional 63 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 1.5 %

Shares of NASDAQ:QQQ opened at $521.88 on Wednesday. The company has a 50 day moving average of $518.14 and a 200 day moving average of $493.37. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15.

Invesco QQQ Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.8347 dividend. 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.