Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Signaturefd LLC

Signaturefd LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 7.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,863 shares of the exchange traded fund’s stock after buying an additional 471 shares during the period. Signaturefd LLC’s holdings in Invesco QQQ were worth $3,509,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of QQQ. SOA Wealth Advisors LLC. raised its position in Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after acquiring an additional 46 shares during the period. Pettinga Financial Advisors LLC lifted its position in Invesco QQQ by 13.6% during the third quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock worth $7,553,000 after buying an additional 1,854 shares in the last quarter. Mizuho Markets Americas LLC purchased a new stake in shares of Invesco QQQ in the third quarter valued at about $3,131,000. Mill Creek Capital Advisors LLC grew its stake in shares of Invesco QQQ by 1.2% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 9,274 shares of the exchange traded fund’s stock valued at $4,526,000 after buying an additional 112 shares during the period. Finally, Veery Capital LLC grew its position in Invesco QQQ by 1.8% in the third quarter. Veery Capital LLC now owns 3,058 shares of the exchange traded fund’s stock worth $1,492,000 after acquiring an additional 53 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 2.4 %

Shares of QQQ opened at $479.66 on Monday. The company’s 50-day moving average price is $514.89 and its 200 day moving average price is $504.08. The firm has a market cap of $302.59 billion, a P/E ratio of 30.74 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 Announces Dividend

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