World Equity Group Inc. Buys 2,828 Shares of Invesco QQQ (NASDAQ:QQQ)

World Equity Group Inc. boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 15.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,818 shares of the exchange traded fund’s stock after buying an additional 2,828 shares during the quarter. Invesco QQQ makes up about 2.3% of World Equity Group Inc.’s investment portfolio, making the stock its 6th largest position. World Equity Group Inc.’s holdings in Invesco QQQ were worth $10,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of QQQ. PayPay Securities Corp raised its position in Invesco QQQ by 276.9% in the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 36 shares during the last quarter. Roxbury Financial LLC bought a new position in Invesco QQQ in the 4th quarter valued at $37,000. Hoese & Co LLP raised its position in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the last quarter. Legacy Bridge LLC raised its position in shares of Invesco QQQ by 60.0% during the third 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 bought a new stake in shares of Invesco QQQ during the third quarter worth $62,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ stock opened at $526.08 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The business has a fifty day moving average of $523.39 and a 200-day moving average of $501.12.

Invesco QQQ Dividend Announcement

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