28,296 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new stake in Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 28,296 shares of the exchange traded fund’s stock, valued at approximately $14,209,000.

Several other hedge funds and other institutional investors have also made changes to their positions in QQQ. Capital Asset Advisory Services LLC increased its position in Invesco QQQ by 7.6% in the fourth quarter. Capital Asset Advisory Services LLC now owns 7,265 shares of the exchange traded fund’s stock worth $3,767,000 after purchasing an additional 514 shares during the last quarter. Cathy Pareto & Associates Inc. bought a new stake in shares of Invesco QQQ in the 4th quarter worth about $421,000. Kingswood Wealth Advisors LLC lifted its holdings in shares of Invesco QQQ by 41.2% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 57,310 shares of the exchange traded fund’s stock valued at $29,299,000 after acquiring an additional 16,735 shares during the last quarter. PFG Investments LLC grew its position in Invesco QQQ by 1.9% in the fourth quarter. PFG Investments LLC now owns 36,180 shares of the exchange traded fund’s stock worth $18,496,000 after acquiring an additional 681 shares in the last quarter. Finally, Strategic Investment Advisors MI increased its stake in Invesco QQQ by 33.6% during the fourth quarter. Strategic Investment Advisors MI now owns 605 shares of the exchange traded fund’s stock worth $309,000 after acquiring an additional 152 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $529.63 on Monday. The firm has a 50-day simple moving average of $517.86 and a two-hundred day simple moving average of $493.28. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15.

Invesco QQQ Dividend Announcement

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