Global View Capital Management LLC Acquires Shares of 1,243 Invesco QQQ (NASDAQ:QQQ)

Global View Capital Management LLC acquired a new stake in Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,243 shares of the exchange traded fund’s stock, valued at approximately $634,000.

Several other institutional investors also recently bought and sold shares of QQQ. SOA Wealth Advisors LLC. grew its holdings in Invesco QQQ by 0.3% in the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock valued at $8,477,000 after purchasing an additional 46 shares during the period. Pettinga Financial Advisors LLC grew its holdings in Invesco QQQ by 13.6% in the third quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock valued at $7,553,000 after purchasing an additional 1,854 shares during the period. Assetmark Inc. grew its holdings in Invesco QQQ by 2.1% in the third quarter. Assetmark Inc. now owns 26,866 shares of the exchange traded fund’s stock valued at $13,112,000 after purchasing an additional 556 shares during the period. Ashton Thomas Securities LLC acquired a new stake in Invesco QQQ in the third quarter valued at approximately $91,000. Finally, Ridgecrest Wealth Partners LLC grew its holdings in Invesco QQQ by 5.3% in the third quarter. Ridgecrest Wealth Partners LLC now owns 4,096 shares of the exchange traded fund’s stock valued at $1,999,000 after purchasing an additional 206 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 3.9 %

Shares of QQQ opened at $472.73 on Tuesday. The stock’s 50 day moving average is $517.98 and its two-hundred day moving average is $504.13. The firm has a market cap of $297.94 billion, a P/E ratio of 33.43 and a beta of 1.11. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81.

Invesco QQQ Dividend Announcement

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

About Invesco QQQ

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.