Waverton Investment Management Ltd grew its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 76.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,742 shares of the exchange traded fund’s stock after purchasing an additional 752 shares during the quarter. Waverton Investment Management Ltd’s holdings in Invesco QQQ were worth $891,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. PayPay Securities Corp boosted its holdings in Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 36 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of Invesco QQQ in the 4th quarter valued at approximately $37,000. Hoese & Co LLP boosted its stake in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the last quarter. Midwest Capital Advisors LLC acquired a new position in Invesco QQQ during the fourth quarter valued at approximately $51,000. Finally, Legacy Bridge LLC increased 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 valued at $59,000 after purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Trading Down 2.1 %
QQQ opened at $526.08 on Monday. The firm’s fifty day moving average is $523.39 and its two-hundred day moving average is $501.59. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81.
Invesco QQQ Dividend Announcement
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.
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