Platform Technology Partners Buys 71 Shares of Invesco QQQ (NASDAQ:QQQ)

Platform Technology Partners grew its stake in Invesco QQQ (NASDAQ:QQQ) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,618 shares of the exchange traded fund’s stock after buying an additional 71 shares during the period. Platform Technology Partners’ holdings in Invesco QQQ were worth $1,850,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in QQQ. Sanibel Captiva Trust Company Inc. lifted its holdings in shares of Invesco QQQ by 11.2% in the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 5,483 shares of the exchange traded fund’s stock worth $2,676,000 after acquiring an additional 553 shares during the last quarter. Patten Group Inc. raised its position in Invesco QQQ by 3.3% in the 3rd quarter. Patten Group Inc. now owns 1,539 shares of the exchange traded fund’s stock worth $751,000 after purchasing an additional 49 shares during the period. SOA Wealth Advisors LLC. lifted its stake in Invesco QQQ by 0.3% in the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after purchasing an additional 46 shares during the last quarter. UMB Bank n.a. boosted its position in Invesco QQQ by 14.6% during the third quarter. UMB Bank n.a. now owns 4,106 shares of the exchange traded fund’s stock valued at $2,004,000 after buying an additional 523 shares during the period. Finally, Watts Gwilliam & Co. LLC bought a new position in shares of Invesco QQQ during the third quarter valued at about $4,385,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $522.92 on Friday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The stock has a 50-day moving average of $521.00 and a 200-day moving average of $495.29.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date of this dividend 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.