Invesco QQQ (NASDAQ:QQQ) Shares Acquired by MKT Advisors LLC

MKT Advisors LLC increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,297 shares of the exchange traded fund’s stock after acquiring an additional 25 shares during the period. Invesco QQQ makes up approximately 0.8% of MKT Advisors LLC’s portfolio, making the stock its 19th biggest holding. MKT Advisors LLC’s holdings in Invesco QQQ were worth $1,720,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Hoese & Co LLP grew its holdings in shares of 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 acquiring an additional 20 shares during the period. Legacy Bridge LLC boosted 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 worth $59,000 after purchasing an additional 45 shares in the last quarter. BNP Paribas acquired a new stake in Invesco QQQ in the third quarter valued at $62,000. Brooklyn Investment Group purchased a new position in shares of Invesco QQQ in the fourth quarter valued at $69,000. Finally, Pacifica Partners Inc. acquired a new position in shares of Invesco QQQ during the 4th quarter worth $73,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $529.63 on Monday. The company’s 50-day moving average price is $517.86 and its 200 day moving average price is $493.28. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid 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.