Unique Wealth LLC Has $1.23 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Unique Wealth LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 154.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,404 shares of the exchange traded fund’s stock after buying an additional 1,461 shares during the period. Unique Wealth LLC’s holdings in Invesco QQQ were worth $1,229,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Northeast Investment Management raised its position in Invesco QQQ by 0.6% in the third quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after purchasing an additional 20 shares during the period. Planning Capital Management Corp boosted its stake in Invesco QQQ by 7.1% during the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after purchasing an additional 20 shares during the period. Skyline Advisors Inc. raised its stake in shares of Invesco QQQ by 5.0% during the third quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock valued at $215,000 after purchasing an additional 21 shares in the last quarter. Madden Advisory Services Inc. boosted its stake in Invesco QQQ by 0.9% during the third quarter. Madden Advisory Services Inc. now owns 2,487 shares of the exchange traded fund’s stock valued at $1,214,000 after buying an additional 21 shares in the last quarter. Finally, Meridian Management Co. raised its position in shares of Invesco QQQ by 0.6% during the third quarter. Meridian Management Co. now owns 3,361 shares of the exchange traded fund’s stock worth $1,640,000 after purchasing an additional 21 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $505.56 on Tuesday. Invesco QQQ has a one year low of $402.92 and a one year high of $539.15. The business has a 50-day moving average price of $515.32 and a two-hundred day moving average price of $491.29.

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.