Ethos Financial Group LLC Purchases 3,165 Shares of Invesco QQQ (NASDAQ:QQQ)

Ethos Financial Group LLC boosted its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 49.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,538 shares of the exchange traded fund's stock after buying an additional 3,165 shares during the period. Ethos Financial Group LLC's holdings in Invesco QQQ were worth $4,876,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of QQQ. SOA Wealth Advisors LLC. grew its position in shares of Invesco QQQ by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund's stock valued at $8,477,000 after purchasing an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC grew its position in shares of Invesco QQQ by 13.6% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund's stock valued at $7,553,000 after purchasing an additional 1,854 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Invesco QQQ by 5.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 589 shares of the exchange traded fund's stock valued at $287,000 after purchasing an additional 28 shares in the last quarter. QRG Capital Management Inc. grew its position in shares of Invesco QQQ by 5.6% during the 3rd quarter. QRG Capital Management Inc. now owns 5,569 shares of the exchange traded fund's stock valued at $2,718,000 after purchasing an additional 294 shares in the last quarter. Finally, Focused Wealth Management Inc grew its position in shares of Invesco QQQ by 11.3% during the 3rd quarter. Focused Wealth Management Inc now owns 134,251 shares of the exchange traded fund's stock valued at $65,524,000 after purchasing an additional 13,641 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Remove Ads

Invesco QQQ Trading Up 0.7 %

Shares of QQQ traded up $3.59 during mid-day trading on Friday, reaching $491.79. 54,649,747 shares of the stock traded hands, compared to its average volume of 34,845,187. The firm has a fifty day moving average price of $518.84 and a 200 day moving average price of $503.99. The company has a market cap of $309.95 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81.

Invesco QQQ Dividend Announcement

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