Patron Partners LLC Boosts Holdings in Invesco QQQ (NASDAQ:QQQ)

Patron Partners LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 17.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,795 shares of the exchange traded fund’s stock after purchasing an additional 419 shares during the period. Invesco QQQ comprises about 0.8% of Patron Partners LLC’s investment portfolio, making the stock its 25th biggest position. Patron Partners LLC’s holdings in Invesco QQQ were worth $1,429,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in QQQ. Hoese & Co LLP increased its stake in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares in the last quarter. Legacy Bridge LLC lifted its position in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the last quarter. BNP Paribas purchased a new position in shares of Invesco QQQ in the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group purchased a new stake in Invesco QQQ during the 4th quarter valued at about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its holdings in Invesco QQQ by 75.9% in 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 purchasing an additional 63 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.8 %

Shares of Invesco QQQ stock opened at $518.11 on Tuesday. The firm’s 50-day moving average price is $519.55 and its 200 day moving average price is $494.20. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ 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.