646 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by New Hampshire Trust

New Hampshire Trust acquired a new stake in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 646 shares of the exchange traded fund’s stock, valued at approximately $330,000.

Other large investors also recently modified their holdings of the company. Hoese & Co LLP grew 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 valued at $42,000 after purchasing an additional 20 shares in the last quarter. Legacy Bridge LLC boosted its stake in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ during the third quarter worth approximately $62,000. Brooklyn Investment Group acquired a new stake in Invesco QQQ in the fourth quarter valued at $69,000. Finally, Pacifica Partners Inc. bought a new position in Invesco QQQ during the 4th quarter valued at $73,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $521.74 on Tuesday. The firm has a fifty day moving average of $515.94 and a two-hundred day moving average of $492.12. Invesco QQQ has a 1-year low of $409.16 and a 1-year high of $539.15.

Invesco QQQ Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid 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.