Invesco QQQ (NASDAQ:QQQ) Shares Purchased by DMC Group LLC

DMC Group LLC increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 9.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 760 shares of the exchange traded fund’s stock after acquiring an additional 63 shares during the period. DMC Group LLC’s holdings in Invesco QQQ were worth $389,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Synergy Asset Management LLC purchased a new stake in Invesco QQQ during the fourth quarter worth $463,000. Strategic Planning Group LLC lifted its position in shares of Invesco QQQ by 10.2% in the fourth quarter. Strategic Planning Group LLC now owns 1,220 shares of the exchange traded fund’s stock valued at $624,000 after acquiring an additional 113 shares in the last quarter. Baring Financial LLC purchased a new stake in shares of Invesco QQQ in the fourth quarter valued at $5,981,000. Ferguson Shapiro LLC lifted its position in shares of Invesco QQQ by 609.8% in the fourth quarter. Ferguson Shapiro LLC now owns 3,606 shares of the exchange traded fund’s stock valued at $1,843,000 after acquiring an additional 3,098 shares in the last quarter. Finally, Milestone Asset Management LLC lifted its position in shares of Invesco QQQ by 39.3% in the fourth quarter. Milestone Asset Management LLC now owns 4,507 shares of the exchange traded fund’s stock valued at $2,304,000 after acquiring an additional 1,272 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $523.05 on Friday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The stock’s fifty day simple moving average is $518.86 and its 200-day simple moving average is $493.75.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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.