Invesco QQQ (NASDAQ:QQQ) Stock Holdings Boosted by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 124,869 shares of the exchange traded fund’s stock after acquiring an additional 2,306 shares during the period. Invesco QQQ accounts for 1.2% of Citizens Financial Group Inc. RI’s portfolio, making the stock its 17th biggest holding. Citizens Financial Group Inc. RI’s holdings in Invesco QQQ were worth $63,837,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. PayPay Securities Corp grew its position in shares of Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 36 shares during the last quarter. Roxbury Financial LLC bought a new position in shares of Invesco QQQ during the fourth quarter worth about $37,000. Hoese & Co LLP grew its position in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the last quarter. Midwest Capital Advisors LLC bought a new position in Invesco QQQ in the 4th quarter valued at about $51,000. Finally, 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 buying an additional 45 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 3.9 %

Shares of QQQ opened at $472.73 on Tuesday. The firm has a 50-day moving average price of $517.98 and a 200 day moving average price of $504.13. The firm has a market capitalization of $297.94 billion, a PE ratio of 33.43 and a beta of 1.11. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $540.81.

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 given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ 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.