Latitude Advisors LLC Acquires 3,391 Shares of Invesco QQQ (NASDAQ:QQQ)

Latitude Advisors LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 27.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,729 shares of the exchange traded fund’s stock after purchasing an additional 3,391 shares during the period. Invesco QQQ makes up about 4.5% of Latitude Advisors LLC’s holdings, making the stock its 3rd largest position. Latitude Advisors LLC’s holdings in Invesco QQQ were worth $8,041,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Hoese & Co LLP increased its stake in shares of 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 purchasing an additional 20 shares in the last quarter. Legacy Bridge LLC grew its holdings in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the period. BNP Paribas acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth $62,000. Brooklyn Investment Group acquired a new position in shares of Invesco QQQ in the 4th quarter valued at about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its position in Invesco QQQ by 75.9% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after buying an additional 63 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.2 %

Shares of Invesco QQQ stock opened at $529.25 on Tuesday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The company has a fifty day moving average price of $521.26 and a 200 day moving average price of $495.90.

Invesco QQQ Announces Dividend

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

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.