Headlands Technologies LLC Purchases 12,420 Shares of Invesco QQQ (NASDAQ:QQQ)

Headlands Technologies LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 583.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,550 shares of the exchange traded fund’s stock after purchasing an additional 12,420 shares during the period. Invesco QQQ makes up 1.8% of Headlands Technologies LLC’s holdings, making the stock its 5th largest position. Headlands Technologies LLC’s holdings in Invesco QQQ were worth $5,959,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of QQQ. 180 Wealth Advisors LLC grew its holdings in Invesco QQQ by 1.2% during the third quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock worth $870,000 after acquiring an additional 29 shares during the period. Bank Hapoalim BM grew its holdings in Invesco QQQ by 6.3% during the fourth quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock worth $31,669,000 after acquiring an additional 4,549 shares during the period. Goodwin Daniel L grew its holdings in Invesco QQQ by 76.1% during the third quarter. Goodwin Daniel L now owns 5,775 shares of the exchange traded fund’s stock worth $2,069,000 after acquiring an additional 2,495 shares during the period. Ameriprise Financial Inc. grew its holdings in Invesco QQQ by 6.1% during the third quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock worth $1,530,696,000 after acquiring an additional 243,305 shares during the period. Finally, VitalStone Financial LLC grew its holdings in Invesco QQQ by 302.0% during the third quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock worth $8,099,000 after acquiring an additional 16,079 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 1.5 %

Invesco QQQ stock opened at $431.00 on Friday. Invesco QQQ has a 52 week low of $315.05 and a 52 week high of $449.34. The business’s 50-day moving average price is $436.88 and its 200 day moving average price is $410.40.

Invesco QQQ Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be issued a dividend of $0.5735 per share. This represents a $2.29 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Monday, March 18th.

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.