Bensler LLC Has $13.81 Million Position in Invesco QQQ (NASDAQ:QQQ)

Bensler LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 6.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,018 shares of the exchange traded fund’s stock after buying an additional 1,560 shares during the quarter. Invesco QQQ makes up about 1.6% of Bensler LLC’s holdings, making the stock its 20th biggest position. Bensler LLC’s holdings in Invesco QQQ were worth $13,812,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC raised its position in Invesco QQQ by 332.0% during the second quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock valued at $5,769,000 after acquiring an additional 9,254 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of Invesco QQQ by 28.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,490 shares of the exchange traded fund’s stock worth $33,772,000 after purchasing an additional 15,648 shares during the last quarter. Magnolia Capital Advisors LLC bought a new position in shares of Invesco QQQ during the 2nd quarter valued at $368,000. Ted Buchan & Co acquired a new stake in shares of Invesco QQQ in the 2nd quarter valued at $653,000. Finally, Granite Bay Wealth Management LLC lifted its stake in shares of Invesco QQQ by 6,215.5% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock valued at $409,513,000 after purchasing an additional 894,532 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $521.88 on Wednesday. Invesco QQQ has a one year low of $413.07 and a one year high of $539.15. The company’s fifty day moving average price is $518.14 and its two-hundred day moving average price is $493.37.

Invesco QQQ Announces Dividend

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