Private Wealth Partners LLC Raises Stock Position in Invesco QQQ (NASDAQ:QQQ)

Private Wealth Partners LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,227 shares of the exchange traded fund’s stock after buying an additional 1,502 shares during the period. Invesco QQQ accounts for approximately 1.5% of Private Wealth Partners LLC’s investment portfolio, making the stock its 21st largest position. Private Wealth Partners LLC’s holdings in Invesco QQQ were worth $19,543,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. PayPay Securities Corp lifted its position in Invesco QQQ by 276.9% in the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 36 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of Invesco QQQ during the fourth quarter valued at about $37,000. Hoese & Co LLP raised its stake in shares of Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares during the period. Legacy Bridge LLC lifted its holdings in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 45 shares during the last quarter. Finally, BNP Paribas purchased a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $62,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.0 %

Invesco QQQ stock opened at $539.52 on Thursday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81. The firm has a 50 day moving average price of $523.26 and a 200 day moving average price of $499.81.

Invesco QQQ Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ Company 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.