Ingalls & Snyder LLC Has $1.80 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Ingalls & Snyder LLC increased its position in Invesco QQQ (NASDAQ:QQQ) by 11.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,526 shares of the exchange traded fund’s stock after buying an additional 365 shares during the quarter. Ingalls & Snyder LLC’s holdings in Invesco QQQ were worth $1,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Fiera Capital Corp raised its stake in Invesco QQQ by 3.5% during the 4th quarter. Fiera Capital Corp now owns 719,746 shares of the exchange traded fund’s stock worth $367,956,000 after buying an additional 24,203 shares during the period. Hidden Cove Wealth Management LLC bought a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $671,000. Three Bridge Wealth Advisors LLC increased its position in shares of Invesco QQQ by 16.0% during the 4th quarter. Three Bridge Wealth Advisors LLC now owns 21,368 shares of the exchange traded fund’s stock valued at $10,924,000 after purchasing an additional 2,951 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in Invesco QQQ by 829.7% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 169,070 shares of the exchange traded fund’s stock worth $86,434,000 after buying an additional 150,885 shares during the last quarter. Finally, Clarity Capital Partners LLC raised its holdings in shares of Invesco QQQ by 8.0% in the 4th quarter. Clarity Capital Partners LLC now owns 4,151 shares of the exchange traded fund’s stock worth $2,122,000 after purchasing an additional 309 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ opened at $535.90 on Friday. The business has a 50-day moving average of $521.86 and a 200 day moving average of $497.08. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15.

Invesco QQQ Dividend Announcement

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