Sincerus Advisory LLC acquired a new stake in Invesco QQQ (NASDAQ:QQQ - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,922 shares of the exchange traded fund's stock, valued at approximately $983,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. PayPay Securities Corp boosted its holdings in Invesco QQQ by 276.9% in the fourth 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 in the last quarter. Roxbury Financial LLC bought a new stake in shares of Invesco QQQ during the 4th quarter valued at about $37,000. Hoese & Co LLP increased its position in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund's stock valued at $42,000 after buying an additional 20 shares during the period. Midwest Capital Advisors LLC bought a new position in Invesco QQQ in the fourth quarter worth about $51,000. Finally, Legacy Bridge LLC lifted its holdings in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund's stock worth $59,000 after buying an additional 45 shares during the period. 44.58% of the stock is owned by institutional investors.
Invesco QQQ Trading Up 0.2 %
Invesco QQQ stock traded up $1.24 during trading hours on Wednesday, hitting $514.56. 33,916,775 shares of the stock traded hands, compared to its average volume of 31,392,783. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The company has a market cap of $327.29 billion, a PE ratio of 33.43 and a beta of 1.09. The firm's 50-day moving average price is $522.57 and its two-hundred day moving average price is $502.54.
Invesco QQQ Dividend Announcement
The company also recently declared 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
(
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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