Harbour Trust & Investment Management Co Acquires 373 Shares of Invesco QQQ (NASDAQ:QQQ)

Harbour Trust & Investment Management Co grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,652 shares of the exchange traded fund’s stock after acquiring an additional 373 shares during the quarter. Harbour Trust & Investment Management Co’s holdings in Invesco QQQ were worth $6,979,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. RAM Investment Partners LLC increased its stake in Invesco QQQ by 1.7% during the fourth quarter. RAM Investment Partners LLC now owns 1,167 shares of the exchange traded fund’s stock valued at $597,000 after acquiring an additional 20 shares during the period. Activest Wealth Management grew its holdings in shares of Invesco QQQ by 3.2% during the 4th quarter. Activest Wealth Management now owns 35,801 shares of the exchange traded fund’s stock worth $18,302,000 after purchasing an additional 1,107 shares in the last quarter. Wealthstar Advisors LLC bought a new stake in shares of Invesco QQQ during the fourth quarter valued at approximately $443,000. Martin Capital Advisors LLP raised its stake in shares of Invesco QQQ by 1.0% in the fourth quarter. Martin Capital Advisors LLP now owns 14,902 shares of the exchange traded fund’s stock valued at $7,618,000 after purchasing an additional 154 shares in the last quarter. Finally, Tevis Investment Management lifted its position in Invesco QQQ by 7.4% in the fourth quarter. Tevis Investment Management now owns 595 shares of the exchange traded fund’s stock worth $304,000 after purchasing an additional 41 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.3 %

NASDAQ:QQQ opened at $522.92 on Monday. The company has a 50-day moving average of $521.26 and a 200-day moving average of $495.67. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders 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 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.