Invesco QQQ (NASDAQ:QQQ) Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 162,027 shares of the exchange traded fund’s stock after purchasing an additional 6,164 shares during the quarter. Invesco QQQ makes up approximately 0.7% of D.A. Davidson & CO.’s portfolio, making the stock its 27th biggest position. D.A. Davidson & CO.’s holdings in Invesco QQQ were worth $82,833,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. PayPay Securities Corp grew its stake in Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 36 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of Invesco QQQ in the fourth quarter valued at approximately $37,000. Hoese & Co LLP grew its position in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the last quarter. Legacy Bridge LLC increased its holdings 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 period. Finally, BNP Paribas purchased a new stake in Invesco QQQ in the 3rd quarter valued at $62,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.4 %

Shares of NASDAQ:QQQ opened at $538.15 on Tuesday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The firm has a fifty day moving average price of $522.38 and a 200 day moving average price of $498.34.

Invesco QQQ Dividend Announcement

The business also recently declared 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 was Monday, December 23rd.

Invesco QQQ Company 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.