Chicago Partners Investment Group LLC Has $17.53 Million Position in Invesco QQQ (NASDAQ:QQQ)

Chicago Partners Investment Group LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,013 shares of the exchange traded fund’s stock after purchasing an additional 75 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Invesco QQQ were worth $17,526,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hoese & Co LLP grew its position 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 valued at $42,000 after buying an additional 20 shares during the last quarter. Legacy Bridge LLC grew its stake 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 during the period. BNP Paribas bought a new stake in Invesco QQQ in the third quarter worth approximately $62,000. Brooklyn Investment Group acquired a new position in Invesco QQQ in the fourth quarter valued at approximately $69,000. Finally, Pacifica Partners Inc. bought a new position in shares of Invesco QQQ during the 4th quarter worth approximately $73,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.1 %

Invesco QQQ stock opened at $522.29 on Friday. The firm’s fifty day moving average is $519.22 and its 200 day moving average is $493.95. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Announces Dividend

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