Endeavor Private Wealth Inc. Purchases New Stake in Invesco QQQ (NASDAQ:QQQ)

Endeavor Private Wealth Inc. purchased a new stake in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 285 shares of the exchange traded fund’s stock, valued at approximately $146,000.

A number of other large investors have also added to or reduced their stakes in QQQ. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Invesco QQQ by 9.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock valued at $714,000 after acquiring an additional 125 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in Invesco QQQ by 1.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock worth $1,173,000 after purchasing an additional 25 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Invesco QQQ by 332.0% in the 2nd quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock worth $5,769,000 after purchasing an additional 9,254 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Invesco QQQ by 7.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after purchasing an additional 338,494 shares in the last quarter. Finally, Drucker Wealth 3.0 LLC purchased a new position in shares of Invesco QQQ during the second quarter valued at about $203,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ opened at $532.64 on Friday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The company has a 50-day simple moving average of $516.72 and a two-hundred day simple moving average of $492.81.

Invesco QQQ Dividend Announcement

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