15,853 Shares in Invesco QQQ (NASDAQ:QQQ) Acquired by Runnymede Capital Advisors Inc.

Runnymede Capital Advisors Inc. bought a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,853 shares of the exchange traded fund’s stock, valued at approximately $8,104,000. Invesco QQQ makes up approximately 7.1% of Runnymede Capital Advisors Inc.’s investment portfolio, making the stock its 2nd largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. increased its holdings in shares of 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 valued at $8,477,000 after buying an additional 46 shares in the last quarter. King Luther Capital Management Corp grew its holdings in shares of Invesco QQQ by 9.1% during the 3rd quarter. King Luther Capital Management Corp now owns 9,138 shares of the exchange traded fund’s stock valued at $4,460,000 after acquiring an additional 766 shares in the last quarter. L & S Advisors Inc grew its holdings in shares of Invesco QQQ by 1.8% during the 3rd quarter. L & S Advisors Inc now owns 2,191 shares of the exchange traded fund’s stock valued at $1,069,000 after acquiring an additional 38 shares in the last quarter. Darden Wealth Group Inc grew its holdings in shares of Invesco QQQ by 2.0% during the 3rd quarter. Darden Wealth Group Inc now owns 2,139 shares of the exchange traded fund’s stock valued at $1,044,000 after acquiring an additional 41 shares in the last quarter. Finally, Valence8 US LP grew its holdings in shares of Invesco QQQ by 14.9% during the 3rd quarter. Valence8 US LP now owns 88,149 shares of the exchange traded fund’s stock valued at $43,023,000 after acquiring an additional 11,438 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.3 %

Invesco QQQ stock opened at $480.84 on Friday. The company’s fifty day simple moving average is $511.30 and its 200-day simple moving average is $503.85. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81. The stock has a market cap of $303.05 billion, a P/E ratio of 30.74 and a beta of 1.11.

Invesco QQQ Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.8347 per share. 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.