20,000 Shares in Invesco QQQ (NASDAQ:QQQ) Acquired by Isomer Partners LP

Isomer Partners LP acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 20,000 shares of the exchange traded fund’s stock, valued at approximately $10,312,000. Invesco QQQ accounts for about 13.9% of Isomer Partners LP’s portfolio, making the stock its 4th biggest position.

A number of other hedge funds also recently added to or reduced their stakes in QQQ. PayPay Securities Corp lifted its position in Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 36 shares during the period. Roxbury Financial LLC acquired a new stake in Invesco QQQ during the 4th quarter worth approximately $37,000. Hoese & Co LLP lifted its position in Invesco QQQ by 32.3% during the 4th 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 period. Legacy Bridge LLC lifted its position in Invesco QQQ by 60.0% during 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 period. Finally, BNP Paribas acquired a new stake in shares of Invesco QQQ in the 3rd quarter valued at approximately $62,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

QQQ opened at $537.23 on Friday. The business has a 50 day simple moving average of $523.48 and a 200-day simple moving average of $500.07. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81.

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.8347 dividend. 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.