Invesco QQQ (NASDAQ:QQQ) is Embree Financial Group’s Largest Position

Embree Financial Group grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 116,043 shares of the exchange traded fund’s stock after acquiring an additional 963 shares during the quarter. Invesco QQQ comprises about 10.1% of Embree Financial Group’s investment portfolio, making the stock its biggest holding. Embree Financial Group’s holdings in Invesco QQQ were worth $59,325,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in Invesco QQQ by 159.6% in the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock valued at $1,712,000 after acquiring an additional 2,059 shares during the period. Principal Financial Group Inc. increased its position in shares of Invesco QQQ by 141.0% during the 3rd quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock valued at $9,468,000 after purchasing an additional 11,351 shares during the last quarter. Socha Financial Group LLC increased its position in shares of Invesco QQQ by 2.4% during the 3rd quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock valued at $44,732,000 after purchasing an additional 2,171 shares during the last quarter. NRI Wealth Management LC bought a new position in shares of Invesco QQQ in the 4th quarter worth approximately $28,729,000. Finally, Garden State Investment Advisory Services LLC boosted its holdings in shares of Invesco QQQ by 13.1% in the third quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after buying an additional 3,581 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Down 0.6 %

Shares of QQQ stock opened at $529.63 on Monday. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15. The company has a 50 day simple moving average of $517.86 and a two-hundred day simple moving average of $493.28.

Invesco QQQ Announces Dividend

The business also recently disclosed 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 of this dividend 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.