PFG Investments LLC Acquires 681 Shares of Invesco QQQ (NASDAQ:QQQ)

PFG Investments LLC boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,180 shares of the exchange traded fund’s stock after buying an additional 681 shares during the period. Invesco QQQ comprises 1.2% of PFG Investments LLC’s portfolio, making the stock its 9th largest holding. PFG Investments LLC’s holdings in Invesco QQQ were worth $18,496,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of QQQ. AQR Capital Management LLC boosted its stake in Invesco QQQ by 332.0% during the second quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock worth $5,769,000 after buying an additional 9,254 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Invesco QQQ by 28.5% during the second quarter. The Manufacturers Life Insurance Company now owns 70,490 shares of the exchange traded fund’s stock valued at $33,772,000 after acquiring an additional 15,648 shares during the period. SkyView Investment Advisors LLC bought a new position in shares of Invesco QQQ during the second quarter valued at $209,000. Full Sail Capital LLC lifted its holdings in shares of Invesco QQQ by 3.5% during the second quarter. Full Sail Capital LLC now owns 1,327 shares of the exchange traded fund’s stock valued at $636,000 after acquiring an additional 45 shares during the period. Finally, Aviso Wealth Management bought a new position in shares of Invesco QQQ during the second quarter valued at $264,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $529.63 on Monday. The business has a fifty day moving average of $517.86 and a two-hundred day moving average of $493.28. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15.

Invesco QQQ Announces Dividend

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