Constitution Capital LLC Has $273,000 Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Constitution Capital LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 5.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 534 shares of the exchange traded fund’s stock after acquiring an additional 27 shares during the quarter. Constitution Capital LLC’s holdings in Invesco QQQ were worth $273,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Legacy Bridge LLC lifted its stake in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the last quarter. BNP Paribas acquired a new position in Invesco QQQ in the 3rd quarter worth about $62,000. Pacifica Partners Inc. bought a new position in Invesco QQQ in the fourth quarter valued at about $73,000. Ritter Daniher Financial Advisory LLC DE raised its position in Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the last quarter. Finally, Providence Capital Advisors LLC acquired a new stake in shares of Invesco QQQ during the second quarter valued at about $76,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.7 %

Invesco QQQ stock opened at $513.08 on Friday. The business has a 50 day moving average of $515.79 and a 200-day moving average of $491.65. Invesco QQQ has a 1 year low of $402.92 and a 1 year high of $539.15.

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders 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.