Bull Oak Capital LLC Purchases Shares of 411 Invesco QQQ (NASDAQ:QQQ)

Bull Oak Capital LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 411 shares of the exchange traded fund’s stock, valued at approximately $210,000. Invesco QQQ makes up about 0.1% of Bull Oak Capital LLC’s investment portfolio, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. SOA Wealth Advisors LLC. boosted its holdings in shares of Invesco QQQ by 0.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after purchasing an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC lifted its position in Invesco QQQ by 13.6% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock worth $7,553,000 after buying an additional 1,854 shares during the last quarter. Fidelis Capital Partners LLC boosted its stake in Invesco QQQ by 3.1% in the third quarter. Fidelis Capital Partners LLC now owns 5,677 shares of the exchange traded fund’s stock worth $2,772,000 after buying an additional 169 shares in the last quarter. Eagle Strategies LLC grew its position in Invesco QQQ by 8.9% during the third quarter. Eagle Strategies LLC now owns 3,624 shares of the exchange traded fund’s stock valued at $1,769,000 after acquiring an additional 297 shares during the last quarter. Finally, Lodestar Private Asset Management LLC raised its stake in shares of Invesco QQQ by 1.0% during the third quarter. Lodestar Private Asset Management LLC now owns 71,654 shares of the exchange traded fund’s stock worth $34,972,000 after acquiring an additional 689 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ opened at $514.56 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 market cap of $324.30 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. The firm has a 50 day moving average price of $522.53 and a 200-day moving average price of $502.62.

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders 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 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.