Invesco QQQ (NASDAQ:QQQ) is Christopher J. Hasenberg Inc’s 6th Largest Position

Christopher J. Hasenberg Inc raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 36.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 39,590 shares of the exchange traded fund’s stock after acquiring an additional 10,626 shares during the period. Invesco QQQ makes up approximately 8.2% of Christopher J. Hasenberg Inc’s holdings, making the stock its 6th largest holding. Christopher J. Hasenberg Inc’s holdings in Invesco QQQ were worth $20,240,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northeast Investment Management grew its holdings in shares of Invesco QQQ by 0.6% in the third quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after purchasing an additional 20 shares in the last quarter. Planning Capital Management Corp boosted its holdings in shares of Invesco QQQ by 7.1% in the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 20 shares during the period. Cardinal Point Capital Management ULC increased its position in shares of Invesco QQQ by 0.5% during the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after purchasing an additional 20 shares during the last quarter. Skyline Advisors Inc. lifted its position in Invesco QQQ by 5.0% in the third quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock worth $215,000 after buying an additional 21 shares during the last quarter. Finally, Madden Advisory Services Inc. boosted its stake in Invesco QQQ by 0.9% during the third quarter. Madden Advisory Services Inc. now owns 2,487 shares of the exchange traded fund’s stock worth $1,214,000 after buying an additional 21 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 2.3 %

QQQ stock opened at $516.67 on Thursday. The firm’s fifty day simple moving average is $515.57 and its two-hundred day simple moving average is $491.47. Invesco QQQ has a twelve month low of $402.92 and a twelve month high of $539.15.

Invesco QQQ Dividend Announcement

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

About Invesco QQQ

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.