Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Viewpoint Capital Management LLC

Viewpoint Capital Management LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 37.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,468 shares of the exchange traded fund’s stock after purchasing an additional 940 shares during the quarter. Invesco QQQ comprises approximately 0.9% of Viewpoint Capital Management LLC’s portfolio, making the stock its 29th biggest position. Viewpoint Capital Management LLC’s holdings in Invesco QQQ were worth $1,773,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Gladstone Institutional Advisory LLC increased its holdings in Invesco QQQ by 30.2% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 39,374 shares of the exchange traded fund’s stock valued at $20,129,000 after buying an additional 9,127 shares in the last quarter. Perissos Private Wealth Management LLC grew its holdings in shares of Invesco QQQ by 61.6% during the fourth quarter. Perissos Private Wealth Management LLC now owns 1,002 shares of the exchange traded fund’s stock worth $512,000 after buying an additional 382 shares in the last quarter. TFB Advisors LLC raised its position in shares of Invesco QQQ by 32.6% in the fourth quarter. TFB Advisors LLC now owns 6,880 shares of the exchange traded fund’s stock valued at $3,517,000 after buying an additional 1,690 shares during the last quarter. Capital Advisors Inc. OK lifted its stake in shares of Invesco QQQ by 66.0% during the fourth quarter. Capital Advisors Inc. OK now owns 17,216 shares of the exchange traded fund’s stock valued at $8,801,000 after buying an additional 6,846 shares during the period. Finally, TCV Trust & Wealth Management Inc. acquired a new stake in Invesco QQQ during the fourth quarter worth approximately $629,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.2 %

Shares of QQQ opened at $527.99 on Wednesday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15. The stock has a fifty day moving average of $521.54 and a two-hundred day moving average of $496.40.

Invesco QQQ Dividend Announcement

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