Quartz Partners LLC Grows Holdings in Invesco QQQ (NASDAQ:QQQ)

Quartz Partners LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,733 shares of the exchange traded fund’s stock after buying an additional 238 shares during the period. Invesco QQQ makes up approximately 3.3% of Quartz Partners LLC’s holdings, making the stock its 5th largest holding. Quartz Partners LLC’s holdings in Invesco QQQ were worth $5,487,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in QQQ. PayPay Securities Corp raised its position in Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 36 shares in the last quarter. Roxbury Financial LLC purchased a new position in shares of Invesco QQQ during the fourth quarter valued at $37,000. Hoese & Co LLP raised its holdings in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. Midwest Capital Advisors LLC bought a new stake in shares of Invesco QQQ in the fourth quarter valued at about $51,000. Finally, Legacy Bridge LLC lifted its stake in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 45 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $526.08 on Monday. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The company’s 50-day simple moving average is $523.39 and its two-hundred day simple moving average is $501.59.

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 $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.