Black Swift Group LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 261.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,049 shares of the exchange traded fund's stock after acquiring an additional 13,049 shares during the period. Invesco QQQ comprises approximately 2.0% of Black Swift Group LLC's holdings, making the stock its 9th biggest holding. Black Swift Group LLC's holdings in Invesco QQQ were worth $9,227,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the business. PayPay Securities Corp lifted its holdings in Invesco QQQ by 276.9% in the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund's stock worth $25,000 after buying an additional 36 shares in the last quarter. Roxbury Financial LLC acquired a new position in Invesco QQQ in the 4th quarter worth $37,000. Hoese & Co LLP lifted its holdings in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund's stock worth $42,000 after buying an additional 20 shares in the last quarter. Midwest Capital Advisors LLC acquired a new position in Invesco QQQ in the 4th quarter worth $51,000. Finally, Legacy Bridge LLC lifted its holdings in Invesco QQQ by 60.0% in the 3rd 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. Hedge funds and other institutional investors own 44.58% of the company's stock.
Invesco QQQ Trading Up 0.7 %
QQQ stock traded up $3.59 during trading on Friday, reaching $491.79. The stock had a trading volume of 54,649,747 shares, compared to its average volume of 34,845,187. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The company has a market capitalization of $309.95 billion, a P/E ratio of 33.43 and a beta of 1.11. The firm has a fifty day moving average price of $518.84 and a 200 day moving average price of $503.99.
Invesco QQQ Dividend Announcement
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.
Invesco QQQ Profile
(
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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