Matrix Asset Advisors Inc. NY increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 2.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,275 shares of the exchange traded fund’s stock after acquiring an additional 25 shares during the quarter. Matrix Asset Advisors Inc. NY’s holdings in Invesco QQQ were worth $652,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Hoese & Co LLP increased its position in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the period. Legacy Bridge LLC boosted its stake in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ during the third quarter worth $62,000. Brooklyn Investment Group bought a new position in Invesco QQQ during the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted 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 buying an additional 63 shares during the period. 44.58% of the stock is owned by institutional investors.
Invesco QQQ Stock Up 1.5 %
Shares of QQQ opened at $521.88 on Wednesday. The firm’s fifty day simple moving average is $518.14 and its two-hundred day simple moving average is $493.37. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15.
Invesco QQQ Dividend Announcement
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.
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