Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 20.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,611 shares of the exchange traded fund’s stock after buying an additional 277 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Invesco QQQ were worth $824,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC increased its holdings in Invesco QQQ by 332.0% during the 2nd quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock worth $5,769,000 after purchasing an additional 9,254 shares during the last quarter. Triton Wealth Management PLLC raised its holdings in Invesco QQQ by 9.0% in the third quarter. Triton Wealth Management PLLC now owns 32,907 shares of the exchange traded fund’s stock valued at $15,834,000 after acquiring an additional 2,707 shares in the last quarter. Fluent Financial LLC boosted its stake in Invesco QQQ by 2.3% during the 3rd quarter. Fluent Financial LLC now owns 12,617 shares of the exchange traded fund’s stock valued at $6,158,000 after acquiring an additional 279 shares during the last quarter. Lwmg LLC raised its stake in shares of Invesco QQQ by 1.9% in the 3rd quarter. Lwmg LLC now owns 77,055 shares of the exchange traded fund’s stock valued at $37,608,000 after purchasing an additional 1,460 shares in the last quarter. Finally, Eclectic Associates Inc. ADV lifted its position in shares of Invesco QQQ by 46.4% during the third quarter. Eclectic Associates Inc. ADV now owns 1,262 shares of the exchange traded fund’s stock worth $616,000 after purchasing an additional 400 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.1 %

Shares of QQQ opened at $522.29 on Friday. The stock has a 50 day moving average of $519.55 and a 200-day moving average of $494.13. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

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

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.