Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Empirical Asset Management LLC

Empirical Asset Management LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 15,676.3% during the fourth quarter, Holdings Channel reports. The firm owned 202,883 shares of the exchange traded fund’s stock after acquiring an additional 201,597 shares during the quarter. Invesco QQQ comprises about 3.0% of Empirical Asset Management LLC’s holdings, making the stock its 6th largest position. Empirical Asset Management LLC’s holdings in Invesco QQQ were worth $103,720,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in QQQ. Cvfg LLC bought a new stake in shares of Invesco QQQ in the 4th quarter valued at $2,129,000. Constitution Capital LLC increased its stake in Invesco QQQ by 5.3% in the fourth quarter. Constitution Capital LLC now owns 534 shares of the exchange traded fund’s stock valued at $273,000 after purchasing an additional 27 shares in the last quarter. Client First Capital LLC increased its stake in Invesco QQQ by 24.3% in the fourth quarter. Client First Capital LLC now owns 75,929 shares of the exchange traded fund’s stock valued at $38,817,000 after purchasing an additional 14,830 shares in the last quarter. Certified Advisory Corp raised its holdings in shares of Invesco QQQ by 1.6% during the fourth quarter. Certified Advisory Corp now owns 54,103 shares of the exchange traded fund’s stock valued at $27,659,000 after purchasing an additional 878 shares during the period. Finally, Harbor Group Inc. boosted its position in shares of Invesco QQQ by 1.5% during the 4th quarter. Harbor Group Inc. now owns 1,914 shares of the exchange traded fund’s stock worth $979,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

Shares of Invesco QQQ stock opened at $521.74 on Friday. The business has a 50-day simple moving average of $515.79 and a 200 day simple moving average of $491.80. Invesco QQQ has a one year low of $409.16 and a one year high of $539.15.

Invesco QQQ Announces Dividend

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