Fulton Breakefield Broenniman LLC Purchases 474 Shares of Invesco QQQ (NASDAQ:QQQ)

Fulton Breakefield Broenniman LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,644 shares of the exchange traded fund’s stock after acquiring an additional 474 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in Invesco QQQ were worth $4,419,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Northeast Investment Management raised its position in Invesco QQQ by 0.6% in the third quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after purchasing an additional 20 shares during the last quarter. Planning Capital Management Corp increased its stake in shares of Invesco QQQ by 7.1% in the third quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 20 shares during the period. Cardinal Point Capital Management ULC raised its holdings in Invesco QQQ by 0.5% in the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after buying an additional 20 shares during the last quarter. Hoese & Co LLP boosted 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 buying an additional 20 shares during the period. Finally, Skyline Advisors Inc. grew its stake in shares of Invesco QQQ by 5.0% in the third quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock worth $215,000 after purchasing an additional 21 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.2 %

Shares of QQQ opened at $520.83 on Thursday. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15. The stock’s 50-day moving average price is $518.51 and its two-hundred day moving average price is $493.56.

Invesco QQQ Dividend Announcement

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