Camelot Technology Advisors Inc. Grows Position in Invesco QQQ (NASDAQ:QQQ)

Camelot Technology Advisors Inc. lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 13.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,993 shares of the exchange traded fund’s stock after acquiring an additional 964 shares during the quarter. Invesco QQQ makes up about 3.7% of Camelot Technology Advisors Inc.’s portfolio, making the stock its 5th biggest holding. Camelot Technology Advisors Inc.’s holdings in Invesco QQQ were worth $4,086,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Davies Financial Advisors Inc. lifted its position in Invesco QQQ by 7.8% during the fourth quarter. Davies Financial Advisors Inc. now owns 48,453 shares of the exchange traded fund’s stock worth $24,771,000 after acquiring an additional 3,515 shares during the last quarter. Rezny Wealth Management Inc. boosted its stake in Invesco QQQ by 43.8% in the 4th quarter. Rezny Wealth Management Inc. now owns 15,538 shares of the exchange traded fund’s stock valued at $7,943,000 after purchasing an additional 4,734 shares during the period. Tudor Financial Inc. grew its holdings in Invesco QQQ by 4.8% in the 4th quarter. Tudor Financial Inc. now owns 7,252 shares of the exchange traded fund’s stock valued at $3,707,000 after buying an additional 335 shares in the last quarter. Abacus Wealth Partners LLC increased its position in Invesco QQQ by 4.5% during the 4th quarter. Abacus Wealth Partners LLC now owns 562 shares of the exchange traded fund’s stock worth $287,000 after buying an additional 24 shares during the period. Finally, New Hampshire Trust bought a new position in Invesco QQQ during the 4th quarter worth $330,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $524.80 on Wednesday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The firm has a 50-day moving average of $516.10 and a 200-day moving average of $492.33.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. 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.