Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 2.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,185 shares of the exchange traded fund’s stock after purchasing an additional 146 shares during the quarter. Peddock Capital Advisors LLC’s holdings in Invesco QQQ were worth $3,162,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Legacy Bridge LLC grew its position in 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 in the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ during the third quarter worth about $62,000. Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the period. Providence Capital Advisors LLC acquired a new position in shares of Invesco QQQ in the second quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Invesco QQQ in the third quarter valued at approximately $91,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.3 %

Invesco QQQ stock opened at $505.56 on Tuesday. Invesco QQQ has a 52-week low of $402.92 and a 52-week high of $539.15. The company’s 50 day moving average is $515.32 and its two-hundred day moving average is $491.29.

Invesco QQQ Dividend Announcement

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