Invesco QQQ (NASDAQ:QQQ) Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. increased its stake in Invesco QQQ (NASDAQ:QQQ) by 4.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 162,027 shares of the exchange traded fund’s stock after buying an additional 6,164 shares during the period. Invesco QQQ accounts for approximately 0.7% of D.A. Davidson & CO.’s portfolio, making the stock its 27th largest position. D.A. Davidson & CO.’s holdings in Invesco QQQ were worth $82,833,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. PayPay Securities Corp increased its position in Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 36 shares in the last quarter. Roxbury Financial LLC purchased a new stake in Invesco QQQ during the fourth quarter worth approximately $37,000. Hoese & Co LLP increased its position in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC raised its stake in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the period. Finally, BNP Paribas acquired a new position in shares of Invesco QQQ during the 3rd quarter valued at $62,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 0.4 %

Shares of Invesco QQQ stock opened at $538.15 on Tuesday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The company has a fifty day moving average price of $522.38 and a 200 day moving average price of $498.34.

Invesco QQQ Dividend Announcement

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

Invesco QQQ 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.