Y.D. More Investments Ltd Has $12.45 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Y.D. More Investments Ltd raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 23.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,350 shares of the exchange traded fund’s stock after buying an additional 4,680 shares during the quarter. Invesco QQQ comprises 1.1% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 25th largest holding. Y.D. More Investments Ltd’s holdings in Invesco QQQ were worth $12,449,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of QQQ. Stephens Consulting LLC lifted its holdings in Invesco QQQ by 0.4% during the 4th quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock worth $2,769,000 after buying an additional 19 shares in the last quarter. Northeast Investment Management lifted its position in Invesco QQQ by 0.6% during the 3rd quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock worth $1,697,000 after buying an additional 20 shares in the last quarter. Planning Capital Management Corp boosted its holdings in shares of Invesco QQQ by 7.1% in the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 20 shares during the last quarter. Cardinal Point Capital Management ULC lifted its stake in Invesco QQQ by 0.5% in the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after purchasing an additional 20 shares during the last quarter. Finally, Hoese & Co LLP raised its stake 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 period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $524.47 on Wednesday. The firm has a 50 day moving average price of $519.78 and a two-hundred day moving average price of $494.47. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders 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.