Invesco QQQ (NASDAQ:QQQ) Position Increased by Strategic Advocates LLC

Strategic Advocates LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,208 shares of the exchange traded fund’s stock after purchasing an additional 923 shares during the quarter. Invesco QQQ accounts for approximately 8.7% of Strategic Advocates LLC’s portfolio, making the stock its 2nd largest position. Strategic Advocates LLC’s holdings in Invesco QQQ were worth $25,668,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of QQQ. Hoese & Co LLP raised its position in 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 purchasing an additional 20 shares in the last quarter. Legacy Bridge LLC boosted its stake 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 in the last quarter. BNP Paribas purchased a new stake in Invesco QQQ during the third quarter valued at about $62,000. Brooklyn Investment Group bought a new stake in Invesco QQQ in the fourth quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its position in Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $523.05 on Friday. The business’s 50-day moving average is $518.86 and its 200 day moving average is $493.75. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently disclosed 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 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.