Invesco QQQ (NASDAQ:QQQ) Shares Bought by MKT Advisors LLC

MKT Advisors LLC increased its position in Invesco QQQ (NASDAQ:QQQ) by 0.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,297 shares of the exchange traded fund’s stock after buying an additional 25 shares during the period. Invesco QQQ comprises 0.8% of MKT Advisors LLC’s portfolio, making the stock its 19th largest holding. MKT Advisors LLC’s holdings in Invesco QQQ were worth $1,720,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of Invesco QQQ by 159.6% during the 4th quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after acquiring an additional 2,059 shares during the period. Principal Financial Group Inc. raised its stake in Invesco QQQ by 141.0% during the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after purchasing an additional 11,351 shares during the period. Socha Financial Group LLC raised its position in shares of Invesco QQQ by 2.4% in the 3rd quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after buying an additional 2,171 shares during the period. NRI Wealth Management LC purchased a new stake in Invesco QQQ during the fourth quarter valued at about $28,729,000. Finally, Garden State Investment Advisory Services LLC increased its stake in Invesco QQQ by 13.1% during the third quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after acquiring an additional 3,581 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $529.63 on Monday. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15. The stock’s 50-day moving average is $517.86 and its 200-day moving average is $493.28.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. The ex-dividend date 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.