Invesco QQQ (NASDAQ:QQQ) Shares Bought by Hendershot Investments Inc.

Hendershot Investments Inc. boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 26.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 605 shares of the exchange traded fund’s stock after buying an additional 126 shares during the quarter. Hendershot Investments Inc.’s holdings in Invesco QQQ were worth $309,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hoese & Co LLP grew 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 valued at $42,000 after purchasing an additional 20 shares during the period. Legacy Bridge LLC grew 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 valued at $59,000 after purchasing an additional 45 shares during the period. BNP Paribas acquired a new stake in shares of Invesco QQQ in the third quarter valued at about $62,000. Brooklyn Investment Group acquired a new stake in shares of Invesco QQQ in the fourth quarter valued at about $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its position in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ opened at $522.92 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The firm’s 50-day moving average price is $521.26 and its 200 day moving average price is $495.57.

Invesco QQQ Dividend Announcement

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