Invesco QQQ (NASDAQ:QQQ) Shares Bought by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 13.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 23,642 shares of the exchange traded fund’s stock after buying an additional 2,848 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Invesco QQQ were worth $12,087,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in QQQ. AQR Capital Management LLC increased its holdings in shares of Invesco QQQ by 332.0% in 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 purchasing an additional 9,254 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in Invesco QQQ by 28.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 70,490 shares of the exchange traded fund’s stock valued at $33,772,000 after buying an additional 15,648 shares in the last quarter. SkyView Investment Advisors LLC acquired a new stake in shares of Invesco QQQ in the 2nd quarter worth $209,000. Full Sail Capital LLC raised its holdings in shares of Invesco QQQ by 3.5% during the 2nd quarter. Full Sail Capital LLC now owns 1,327 shares of the exchange traded fund’s stock worth $636,000 after acquiring an additional 45 shares during the period. Finally, Aviso Wealth Management acquired a new position in shares of Invesco QQQ during the 2nd quarter valued at about $264,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ opened at $529.63 on Monday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The firm has a 50-day moving average price of $517.86 and a 200 day moving average price of $493.28.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued 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.