Advyzon Investment Management LLC bought a new position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,173 shares of the exchange traded fund's stock, valued at approximately $2,645,000. Invesco QQQ makes up 1.0% of Advyzon Investment Management LLC's investment portfolio, making the stock its 19th biggest position.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in QQQ. PayPay Securities Corp increased its holdings 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 during the last quarter. Roxbury Financial LLC bought a new stake in Invesco QQQ in the 4th quarter worth approximately $37,000. Hoese & Co LLP raised its holdings in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund's stock worth $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC boosted its position in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund's stock valued at $59,000 after acquiring an additional 45 shares during the last quarter. Finally, BNP Paribas purchased a new position in shares of Invesco QQQ in the third quarter valued at $62,000. Institutional investors own 44.58% of the company's stock.
Invesco QQQ Trading Down 2.1 %
QQQ traded down $11.14 during trading hours on Friday, hitting $526.09. The company's stock had a trading volume of 41,497,109 shares, compared to its average volume of 30,288,176. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81. The business's 50-day moving average price is $523.48 and its 200-day moving average price is $500.07.
Invesco QQQ Dividend Announcement
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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
(
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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