1,439 Shares in Invesco QQQ (NASDAQ:QQQ) Acquired by Clune & Associates LTD.

Clune & Associates LTD. bought a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, Holdings Channel reports. The fund bought 1,439 shares of the exchange traded fund’s stock, valued at approximately $736,000.

Several other large investors have also added to or reduced their stakes in QQQ. PayPay Securities Corp lifted its holdings in shares of Invesco QQQ by 276.9% in the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 36 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter valued at approximately $37,000. Hoese & Co LLP increased its position in shares of Invesco QQQ by 32.3% during the fourth 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 last quarter. Midwest Capital Advisors LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter valued at approximately $51,000. Finally, BNP Paribas purchased a new stake in shares of Invesco QQQ during the third quarter valued at approximately $62,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.3 %

Shares of QQQ opened at $480.84 on Monday. The company has a market capitalization of $303.05 billion, a price-to-earnings ratio of 30.74 and a beta of 1.11. The stock has a 50 day moving average of $511.30 and a 200 day moving average of $504.45. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81.

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.