Camelot Technology Advisors Inc. Raises Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Camelot Technology Advisors Inc. boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 13.7% in the fourth quarter, Holdings Channel reports. The firm owned 7,993 shares of the exchange traded fund’s stock after purchasing an additional 964 shares during the quarter. Invesco QQQ accounts for about 3.7% of Camelot Technology Advisors Inc.’s investment portfolio, making the stock its 5th largest position. Camelot Technology Advisors Inc.’s holdings in Invesco QQQ were worth $4,086,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Davies Financial Advisors Inc. raised its position in shares of Invesco QQQ by 7.8% in the 4th quarter. Davies Financial Advisors Inc. now owns 48,453 shares of the exchange traded fund’s stock valued at $24,771,000 after buying an additional 3,515 shares in the last quarter. Rezny Wealth Management Inc. increased its stake in Invesco QQQ by 43.8% in the fourth quarter. Rezny Wealth Management Inc. now owns 15,538 shares of the exchange traded fund’s stock valued at $7,943,000 after acquiring an additional 4,734 shares during the last quarter. Tudor Financial Inc. raised its position in Invesco QQQ by 4.8% during the fourth quarter. Tudor Financial Inc. now owns 7,252 shares of the exchange traded fund’s stock valued at $3,707,000 after purchasing an additional 335 shares in the last quarter. Abacus Wealth Partners LLC boosted its holdings in shares of Invesco QQQ by 4.5% in the 4th quarter. Abacus Wealth Partners LLC now owns 562 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 24 shares in the last quarter. Finally, New Hampshire Trust bought a new position in shares of Invesco QQQ in the 4th quarter valued at $330,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $524.80 on Wednesday. The business has a fifty day simple moving average of $516.10 and a 200 day simple moving average of $492.33. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15.

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 paid a $0.8347 dividend. 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.