Simon Quick Advisors LLC Acquires 408 Shares of Invesco QQQ (NASDAQ:QQQ)

Simon Quick Advisors LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQ) by 10.7% in the fourth quarter, HoldingsChannel reports. The fund owned 4,238 shares of the exchange traded fund’s stock after buying an additional 408 shares during the period. Simon Quick Advisors LLC’s holdings in Invesco QQQ were worth $2,167,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Personalized Indexing Management LLC increased its stake in shares of Invesco QQQ by 9.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock worth $714,000 after buying an additional 125 shares during the period. 1832 Asset Management L.P. increased its stake in shares of Invesco QQQ by 1.0% in the second quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock worth $1,173,000 after buying an additional 25 shares during the period. Royal Capital Wealth Management LLC increased its stake in shares of Invesco QQQ by 5.3% in the second quarter. Royal Capital Wealth Management LLC now owns 7,230 shares of the exchange traded fund’s stock worth $3,464,000 after buying an additional 366 shares during the period. Point72 Europe London LLP increased its stake in shares of Invesco QQQ by 13.2% in the second quarter. Point72 Europe London LLP now owns 119,927 shares of the exchange traded fund’s stock worth $57,458,000 after buying an additional 14,014 shares during the period. Finally, Trinity Legacy Partners LLC increased its stake in shares of Invesco QQQ by 24.9% in the second quarter. Trinity Legacy Partners LLC now owns 1,612 shares of the exchange traded fund’s stock worth $772,000 after buying an additional 321 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Up 1.3 %

Shares of NASDAQ QQQ opened at $531.51 on Thursday. The firm’s fifty day moving average is $516.33 and its 200 day moving average is $492.54. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

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