Hoese & Co LLP Has $42,000 Holdings in Invesco QQQ (NASDAQ:QQQ)

Hoese & Co LLP grew its stake in Invesco QQQ (NASDAQ:QQQ) by 32.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82 shares of the exchange traded fund’s stock after purchasing an additional 20 shares during the period. Hoese & Co LLP’s holdings in Invesco QQQ were worth $42,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC boosted its stake in Invesco QQQ by 9.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 1,491 shares of the exchange traded fund’s stock worth $714,000 after buying an additional 125 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of Invesco QQQ by 35.1% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,081 shares of the exchange traded fund’s stock worth $1,476,000 after acquiring an additional 801 shares during the period. 1832 Asset Management L.P. boosted its position in shares of Invesco QQQ by 1.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,448 shares of the exchange traded fund’s stock valued at $1,173,000 after acquiring an additional 25 shares in the last quarter. Commonwealth Financial Services LLC increased its stake in Invesco QQQ by 16.7% in the second quarter. Commonwealth Financial Services LLC now owns 54,374 shares of the exchange traded fund’s stock valued at $27,043,000 after acquiring an additional 7,795 shares during the period. Finally, Certified Advisory Corp raised its position in Invesco QQQ by 5.6% in the second quarter. Certified Advisory Corp now owns 51,550 shares of the exchange traded fund’s stock worth $24,698,000 after purchasing an additional 2,718 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

NASDAQ QQQ opened at $521.74 on Tuesday. Invesco QQQ has a 1-year low of $409.16 and a 1-year high of $539.15. The stock’s 50 day moving average is $515.94 and its two-hundred day moving average is $492.12.

Invesco QQQ Announces Dividend

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.

Invesco QQQ Company 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.