Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Strategic Advisors LLC

Strategic Advisors LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 8.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,846 shares of the exchange traded fund’s stock after purchasing an additional 1,020 shares during the period. Invesco QQQ accounts for about 1.2% of Strategic Advisors LLC’s portfolio, making the stock its 23rd largest holding. Strategic Advisors LLC’s holdings in Invesco QQQ were worth $6,567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in Invesco QQQ by 159.6% in the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock valued at $1,712,000 after acquiring an additional 2,059 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in Invesco QQQ by 141.0% in the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock valued at $9,468,000 after acquiring an additional 11,351 shares during the last quarter. Socha Financial Group LLC lifted its holdings in Invesco QQQ by 2.4% in the third quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock valued at $44,732,000 after acquiring an additional 2,171 shares during the last quarter. NRI Wealth Management LC acquired a new position in Invesco QQQ in the fourth quarter valued at approximately $28,729,000. Finally, Garden State Investment Advisory Services LLC lifted its holdings in Invesco QQQ by 13.1% in the third quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock valued at $15,169,000 after acquiring an additional 3,581 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.4 %

QQQ opened at $538.15 on Monday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The business’s 50 day moving average price is $522.38 and its 200 day moving average price is $498.14.

Invesco QQQ Announces Dividend

The company also recently announced 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.