Invesco QQQ (NASDAQ:QQQ) Shares Bought by Venture Visionary Partners LLC

Venture Visionary Partners LLC grew its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 102.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 191,724 shares of the exchange traded fund's stock after purchasing an additional 96,878 shares during the quarter. Invesco QQQ makes up approximately 2.9% of Venture Visionary Partners LLC's portfolio, making the stock its 3rd largest holding. Venture Visionary Partners LLC's holdings in Invesco QQQ were worth $98,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. SOA Wealth Advisors LLC. lifted its holdings in shares of Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund's stock worth $8,477,000 after buying an additional 46 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in Invesco QQQ during the 3rd quarter valued at $791,000. Ingalls & Snyder LLC boosted its holdings in Invesco QQQ by 7.4% in the 3rd quarter. Ingalls & Snyder LLC now owns 3,161 shares of the exchange traded fund's stock valued at $1,543,000 after purchasing an additional 219 shares during the period. Murchinson Ltd. acquired a new stake in Invesco QQQ in the 3rd quarter worth $30,504,000. Finally, Polymer Capital Management HK LTD increased its holdings in shares of Invesco QQQ by 23.3% during the 3rd quarter. Polymer Capital Management HK LTD now owns 1,911 shares of the exchange traded fund's stock worth $933,000 after purchasing an additional 361 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

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Invesco QQQ Stock Performance

Shares of QQQ traded down $25.49 during trading hours on Thursday, reaching $450.66. 69,925,799 shares of the company traded hands, compared to its average volume of 35,294,091. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The stock has a market cap of $285.88 billion, a P/E ratio of 30.05 and a beta of 1.18. The stock's fifty day moving average is $503.59 and its 200 day moving average is $504.72.

Invesco QQQ Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th will be given a $0.7157 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.