Lifeworks Advisors LLC Buys 3,874 Shares of Invesco QQQ (NASDAQ:QQQ)

Lifeworks Advisors LLC increased its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 57.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,587 shares of the exchange traded fund's stock after purchasing an additional 3,874 shares during the quarter. Invesco QQQ comprises about 1.0% of Lifeworks Advisors LLC's portfolio, making the stock its 27th biggest holding. Lifeworks Advisors LLC's holdings in Invesco QQQ were worth $5,412,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of QQQ. 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 valued at $25,000 after acquiring an additional 36 shares during the last quarter. Roxbury Financial LLC acquired a new stake in Invesco QQQ in the 4th quarter valued at about $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 valued at $42,000 after acquiring an additional 20 shares during the last quarter. Midwest Capital Advisors LLC acquired a new stake in Invesco QQQ in the 4th quarter valued at about $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 valued at $59,000 after acquiring an additional 45 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Stock Performance

NASDAQ QQQ traded up $3.59 on Friday, reaching $491.79. The company's stock had a trading volume of 54,649,747 shares, compared to its average volume of 34,845,187. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The stock has a market cap of $309.95 billion, a PE ratio of 33.43 and a beta of 1.11. The firm's 50 day moving average is $518.84 and its two-hundred day moving average is $503.99.

Remove Ads

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 issued a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ Company 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.