Roundview Capital LLC Has $28.08 Million Position in Invesco QQQ (NASDAQ:QQQ)

Roundview Capital LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 54,916 shares of the exchange traded fund’s stock after purchasing an additional 2,623 shares during the quarter. Invesco QQQ makes up about 2.0% of Roundview Capital LLC’s portfolio, making the stock its 9th largest position. Roundview Capital LLC’s holdings in Invesco QQQ were worth $28,075,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. PayPay Securities Corp increased its holdings in Invesco QQQ by 276.9% in the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 36 shares in the last quarter. Roxbury Financial LLC bought a new stake in shares of Invesco QQQ in the 4th quarter valued at $37,000. Hoese & Co LLP lifted its position in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares during the period. Midwest Capital Advisors LLC bought a new position in Invesco QQQ during the fourth quarter worth $51,000. Finally, Creative Capital Management Investments LLC grew its holdings in Invesco QQQ by 740.0% in the fourth quarter. Creative Capital Management Investments LLC now owns 126 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 111 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.0 %

Shares of NASDAQ QQQ opened at $468.92 on Tuesday. The firm has a market capitalization of $297.46 billion, a P/E ratio of 30.05 and a beta of 1.18. The firm’s 50-day moving average price is $507.38 and its 200-day moving average price is $505.32. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81.

Invesco QQQ Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 24th will be paid a dividend of $0.7157 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.