Y.D. More Investments Ltd Grows Holdings in Invesco QQQ (NASDAQ:QQQ)

Y.D. More Investments Ltd boosted its position in Invesco QQQ (NASDAQ:QQQ) by 23.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,350 shares of the exchange traded fund’s stock after buying an additional 4,680 shares during the quarter. Invesco QQQ makes up about 1.1% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 25th biggest holding. Y.D. More Investments Ltd’s holdings in Invesco QQQ were worth $12,449,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in Invesco QQQ by 21.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,290 shares of the exchange traded fund’s stock valued at $630,000 after purchasing an additional 230 shares in the last quarter. Fulton Bank N.A. boosted its stake in Invesco QQQ by 34.0% in the 3rd quarter. Fulton Bank N.A. now owns 3,992 shares of the exchange traded fund’s stock worth $1,948,000 after purchasing an additional 1,014 shares during the period. Security National Bank boosted its stake in Invesco QQQ by 18.6% in the 3rd quarter. Security National Bank now owns 1,372 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 215 shares during the period. Threadgill Financial LLC purchased a new position in Invesco QQQ during the 3rd quarter worth approximately $472,000. Finally, Greenfield Savings Bank raised its stake in Invesco QQQ by 4.6% during the 3rd quarter. Greenfield Savings Bank now owns 7,081 shares of the exchange traded fund’s stock valued at $3,456,000 after purchasing an additional 311 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $524.47 on Wednesday. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15. The company’s fifty day simple moving average is $519.78 and its 200-day simple moving average is $494.47.

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. 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.