Stonegate Investment Group LLC Buys 3,672 Shares of Invesco QQQ (NASDAQ:QQQ)

Stonegate Investment Group LLC raised its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 11.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,166 shares of the exchange traded fund’s stock after purchasing an additional 3,672 shares during the period. Stonegate Investment Group LLC’s holdings in Invesco QQQ were worth $19,000,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC grew its holdings in Invesco QQQ by 46,491.6% in the 3rd quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock valued at $15,904,322,000 after buying an additional 32,516,210 shares during the last quarter. Toronto Dominion Bank boosted its position in shares of Invesco QQQ by 13.0% in the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after acquiring an additional 488,815 shares during the period. CHURCHILL MANAGEMENT Corp boosted its position in shares of Invesco QQQ by 0.8% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock valued at $940,676,000 after acquiring an additional 13,772 shares during the period. Cetera Investment Advisers grew its stake in shares of Invesco QQQ by 2.6% in the second quarter. Cetera Investment Advisers now owns 1,644,645 shares of the exchange traded fund’s stock worth $787,966,000 after acquiring an additional 41,318 shares during the last quarter. Finally, Granite Bay Wealth Management LLC increased its position in Invesco QQQ by 6,215.5% during the second quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after acquiring an additional 894,532 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $521.88 on Wednesday. The firm has a fifty day moving average price of $518.14 and a two-hundred day moving average price of $493.37. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15.

Invesco QQQ Announces Dividend

The business also recently announced 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.

About Invesco QQQ

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.