Dale Q Rice Investment Management Ltd Acquires New Holdings in Invesco QQQ (NASDAQ:QQQ)

Dale Q Rice Investment Management Ltd bought a new stake in Invesco QQQ (NASDAQ:QQQ - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 30,254 shares of the exchange traded fund's stock, valued at approximately $15,466,000. Invesco QQQ comprises 6.8% of Dale Q Rice Investment Management Ltd's portfolio, making the stock its 4th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of QQQ. Legacy Bridge LLC increased its holdings in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund's stock valued at $59,000 after purchasing an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ during the third quarter worth $62,000. Ritter Daniher Financial Advisory LLC DE boosted its position in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund's stock valued at $71,000 after acquiring an additional 63 shares during the period. Providence Capital Advisors LLC acquired a new position in shares of Invesco QQQ during the 2nd quarter worth approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Invesco QQQ in the third quarter valued at approximately $91,000. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Trading Down 0.1 %

NASDAQ:QQQ traded down $0.48 during trading hours on Tuesday, reaching $505.08. 33,593,413 shares of the company were exchanged, compared to its average volume of 34,320,336. The business has a 50 day moving average of $515.32 and a 200 day moving average of $491.29. Invesco QQQ has a 1-year low of $402.92 and a 1-year high of $539.15.

Invesco QQQ Announces Dividend

The company also recently disclosed 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 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.