Invesco QQQ (NASDAQ:QQQ) Shares Bought by Private Client Services LLC

Private Client Services LLC boosted its position in Invesco QQQ (NASDAQ:QQQ) by 18.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,452 shares of the exchange traded fund’s stock after buying an additional 1,137 shares during the period. Invesco QQQ makes up 2.0% of Private Client Services LLC’s holdings, making the stock its 9th biggest holding. Private Client Services LLC’s holdings in Invesco QQQ were worth $3,810,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of QQQ. Lantz Financial LLC acquired a new position in shares of Invesco QQQ during the 2nd quarter valued at $214,000. Principal Financial Group Inc. boosted its position in shares of Invesco QQQ by 4.7% during the 2nd quarter. Principal Financial Group Inc. now owns 8,048 shares of the exchange traded fund’s stock worth $3,856,000 after purchasing an additional 363 shares in the last quarter. Prudential PLC grew its stake in shares of Invesco QQQ by 46.4% in the 2nd quarter. Prudential PLC now owns 16,053 shares of the exchange traded fund’s stock valued at $7,691,000 after buying an additional 5,087 shares during the period. Balentine LLC increased its position in Invesco QQQ by 4.3% in the 2nd quarter. Balentine LLC now owns 2,994 shares of the exchange traded fund’s stock valued at $1,434,000 after buying an additional 123 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its stake in Invesco QQQ by 34.1% during the 2nd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 2,259 shares of the exchange traded fund’s stock worth $1,082,000 after buying an additional 574 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.1 %

NASDAQ:QQQ traded up $0.33 on Wednesday, hitting $515.51. The stock had a trading volume of 20,214,188 shares, compared to its average volume of 31,597,564. Invesco QQQ has a 52 week low of $401.71 and a 52 week high of $539.15. The business’s fifty day moving average is $513.51 and its 200 day moving average is $490.39.

Invesco QQQ Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors 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.