Copperwynd Financial LLC Grows Position in Invesco QQQ (NASDAQ:QQQ)

Copperwynd Financial LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 54,458 shares of the exchange traded fund's stock after purchasing an additional 2,763 shares during the quarter. Invesco QQQ makes up approximately 7.7% of Copperwynd Financial LLC's portfolio, making the stock its largest position. Copperwynd Financial LLC's holdings in Invesco QQQ were worth $27,840,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Greykasell Wealth Strategies Inc. acquired a new stake in shares of Invesco QQQ during the fourth quarter worth approximately $3,669,000. Maiden Cove Capital LLC lifted its stake in Invesco QQQ by 3.7% in the fourth quarter. Maiden Cove Capital LLC now owns 620 shares of the exchange traded fund's stock valued at $317,000 after acquiring an additional 22 shares during the last quarter. Associated Banc Corp lifted its stake in Invesco QQQ by 6.4% in the fourth quarter. Associated Banc Corp now owns 15,343 shares of the exchange traded fund's stock valued at $7,844,000 after acquiring an additional 923 shares during the last quarter. Wellington Shields & Co. LLC lifted its stake in Invesco QQQ by 6.8% in the fourth quarter. Wellington Shields & Co. LLC now owns 3,751 shares of the exchange traded fund's stock valued at $1,918,000 after acquiring an additional 240 shares during the last quarter. Finally, First National Trust Co lifted its stake in Invesco QQQ by 4.7% in the fourth quarter. First National Trust Co now owns 7,334 shares of the exchange traded fund's stock valued at $3,749,000 after acquiring an additional 329 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

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Invesco QQQ Trading Down 0.1 %

NASDAQ QQQ traded down $0.36 during trading on Monday, reaching $479.30. The company's stock had a trading volume of 15,080,477 shares, compared to its average volume of 34,835,778. The stock has a market capitalization of $302.08 billion, a PE ratio of 30.74 and a beta of 1.11. The business has a 50-day moving average price of $514.89 and a 200-day moving average price of $504.08. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ 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.