Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Pure Financial Advisors LLC
by Sarita Garza · The Markets DailyPure Financial Advisors LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ – Free Report) by 0.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,329 shares of the exchange traded fund’s stock after purchasing an additional 26 shares during the quarter. Pure Financial Advisors LLC’s holdings in Invesco QQQ were worth $7,837,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the business. Northeast Investment Management raised its stake in shares of Invesco QQQ by 0.6% during the third quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after purchasing an additional 20 shares during the period. Planning Capital Management Corp grew its holdings in Invesco QQQ by 7.1% during the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after purchasing an additional 20 shares in the last quarter. Cardinal Point Capital Management ULC increased its stake in Invesco QQQ by 0.5% during the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock worth $1,995,000 after buying an additional 20 shares during the period. Hoese & Co LLP lifted its holdings in 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 buying an additional 20 shares in the last quarter. Finally, Skyline Advisors Inc. lifted its stake in shares of Invesco QQQ by 5.0% in the third quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock worth $215,000 after acquiring an additional 21 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Trading Up 0.6 %
Invesco QQQ stock opened at $524.80 on Wednesday. The stock has a 50 day moving average of $516.10 and a 200-day moving average of $492.33. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.
Invesco QQQ Dividend Announcement
The company also recently declared 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 of this dividend was Monday, December 23rd.
Invesco QQQ 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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