Invesco QQQ (NASDAQ:QQQ) Position Lifted by Westmount Partners LLC

Westmount Partners LLC increased its position in Invesco QQQ (NASDAQ:QQQFree Report) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,242 shares of the exchange traded fund’s stock after acquiring an additional 167 shares during the period. Invesco QQQ makes up 1.3% of Westmount Partners LLC’s portfolio, making the stock its 17th biggest position. Westmount Partners LLC’s holdings in Invesco QQQ were worth $4,213,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of QQQ. Legacy Bridge LLC raised 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 valued at $59,000 after acquiring an additional 45 shares in the last quarter. BNP Paribas bought a new stake in Invesco QQQ in the 3rd quarter valued at $62,000. Ritter Daniher Financial Advisory LLC DE grew its holdings in shares of Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. Providence Capital Advisors LLC bought a new stake in shares of Invesco QQQ in the 2nd quarter worth about $76,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Invesco QQQ in the 3rd quarter worth about $91,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.6 %

NASDAQ QQQ traded down $3.27 on Monday, hitting $503.92. 20,770,201 shares of the company were exchanged, compared to its average volume of 32,811,996. Invesco QQQ has a 1-year low of $402.92 and a 1-year high of $539.15. The firm has a 50 day moving average of $514.92 and a two-hundred day moving average of $491.12.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors 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 Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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