Invesco QQQ (NASDAQ:QQQ) Shares Acquired by McGuire Investment Group LLC

McGuire Investment Group LLC increased its stake in Invesco QQQ (NASDAQ:QQQ) by 0.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,733 shares of the exchange traded fund’s stock after acquiring an additional 87 shares during the quarter. McGuire Investment Group LLC’s holdings in Invesco QQQ were worth $5,487,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Hoese & Co LLP lifted its position in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 20 shares during the last quarter. Legacy Bridge LLC lifted its position in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in shares of Invesco QQQ in the third quarter worth about $62,000. Brooklyn Investment Group acquired a new stake in shares of Invesco QQQ in the fourth quarter worth about $69,000. Finally, Pacifica Partners Inc. acquired a new stake in shares of Invesco QQQ in the fourth quarter worth about $73,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.6 %

Shares of NASDAQ:QQQ opened at $529.63 on Friday. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15. The business has a 50-day moving average of $517.20 and a two-hundred day moving average of $493.09.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given 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.