Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Signature Resources Capital Management LLC

Signature Resources Capital Management LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 136.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 478 shares of the exchange traded fund’s stock after purchasing an additional 276 shares during the period. Signature Resources Capital Management LLC’s holdings in Invesco QQQ were worth $244,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Monterey Private Wealth Inc. raised its position in Invesco QQQ by 5.7% in the fourth quarter. Monterey Private Wealth Inc. now owns 14,633 shares of the exchange traded fund’s stock valued at $7,481,000 after purchasing an additional 793 shares during the period. Prairie Sky Financial Group LLC raised its holdings in Invesco QQQ by 11.5% in the 4th quarter. Prairie Sky Financial Group LLC now owns 3,868 shares of the exchange traded fund’s stock valued at $1,977,000 after buying an additional 400 shares during the period. Transform Wealth LLC raised its holdings in Invesco QQQ by 32.0% in the 4th quarter. Transform Wealth LLC now owns 3,147 shares of the exchange traded fund’s stock valued at $1,609,000 after buying an additional 763 shares during the period. Alpha Cubed Investments LLC lifted its position in Invesco QQQ by 2.9% in the fourth quarter. Alpha Cubed Investments LLC now owns 22,378 shares of the exchange traded fund’s stock valued at $11,440,000 after buying an additional 637 shares during the last quarter. Finally, Camelot Technology Advisors Inc. boosted its stake in Invesco QQQ by 13.7% during the fourth quarter. Camelot Technology Advisors Inc. now owns 7,993 shares of the exchange traded fund’s stock worth $4,086,000 after buying an additional 964 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $524.80 on Wednesday. The company’s 50 day simple moving average is $516.10 and its 200-day simple moving average is $492.33. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15.

Invesco QQQ Announces Dividend

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 of this dividend 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.