WealthBridge Capital Management LLC Purchases 1,824 Shares of Invesco QQQ (NASDAQ:QQQ)

WealthBridge Capital Management LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 8.2% during the fourth quarter, Holdings Channel reports. The fund owned 24,004 shares of the exchange traded fund’s stock after acquiring an additional 1,824 shares during the quarter. Invesco QQQ makes up approximately 3.4% of WealthBridge Capital Management LLC’s investment portfolio, making the stock its 7th biggest position. WealthBridge Capital Management LLC’s holdings in Invesco QQQ were worth $12,272,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Stephens Consulting LLC lifted its position in Invesco QQQ by 0.4% in the 4th quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock valued at $2,769,000 after purchasing an additional 19 shares during the last quarter. Northeast Investment Management lifted its position in Invesco QQQ by 0.6% in the 3rd quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after purchasing an additional 20 shares during the last quarter. Planning Capital Management Corp lifted its position in Invesco QQQ by 7.1% in the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after purchasing an additional 20 shares during the last quarter. Cardinal Point Capital Management ULC lifted its position in Invesco QQQ by 0.5% in the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after purchasing an additional 20 shares during the last quarter. Finally, Hoese & Co LLP lifted its position in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.0 %

Shares of NASDAQ:QQQ opened at $539.52 on Thursday. The company’s 50-day moving average price is $523.26 and its 200 day moving average price is $499.81. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81.

Invesco QQQ Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders 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.

About Invesco QQQ

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.