Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 192.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 533 shares of the exchange traded fund’s stock after buying an additional 351 shares during the quarter. Princeton Global Asset Management LLC’s holdings in Invesco QQQ were worth $272,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hoese & Co LLP raised 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 worth $42,000 after purchasing an additional 20 shares during the period. Legacy Bridge LLC grew its holdings in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares in the last quarter. BNP Paribas bought a new position in Invesco QQQ in the 3rd quarter worth approximately $62,000. Brooklyn Investment Group bought a new position in Invesco QQQ in the 4th quarter worth approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its holdings in Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after buying an additional 63 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $518.11 on Tuesday. The business has a 50 day simple moving average of $519.55 and a 200 day simple moving average of $494.20. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid 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.