Haven Private LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,316 shares of the exchange traded fund's stock, valued at approximately $4,763,000. Invesco QQQ comprises about 2.7% of Haven Private LLC's investment portfolio, making the stock its 8th biggest holding.
Several other large investors have also recently made changes to their positions in QQQ. PayPay Securities Corp increased its stake in shares of Invesco QQQ by 276.9% in the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund's stock worth $25,000 after purchasing an additional 36 shares in the last quarter. Roxbury Financial LLC bought a new stake in Invesco QQQ during the 4th quarter worth approximately $37,000. Hoese & Co LLP boosted its stake in Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund's stock valued at $42,000 after buying an additional 20 shares during the period. Midwest Capital Advisors LLC purchased a new position in Invesco QQQ during the fourth quarter worth about $51,000. Finally, Legacy Bridge LLC grew its position in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund's stock worth $59,000 after buying an additional 45 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.
Invesco QQQ Trading Up 0.7 %
Shares of NASDAQ QQQ traded up $3.59 during midday trading on Friday, hitting $491.79. 54,649,747 shares of the company's stock were exchanged, compared to its average volume of 34,845,187. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81. The company has a market cap of $309.95 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. The business's fifty day moving average price is $518.84 and its two-hundred day moving average price is $504.14.
Invesco QQQ Announces Dividend
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.
About Invesco QQQ
(
Free Report)
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.
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