Juniper Hill Capital Management LP Grows Holdings in Invesco QQQ (NASDAQ:QQQ)

Juniper Hill Capital Management LP grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 294.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,531 shares of the exchange traded fund’s stock after buying an additional 101,926 shares during the quarter. Invesco QQQ accounts for about 15.5% of Juniper Hill Capital Management LP’s holdings, making the stock its 3rd biggest position. Juniper Hill Capital Management LP’s holdings in Invesco QQQ were worth $69,799,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PayPay Securities Corp lifted its stake in Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 36 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of Invesco QQQ in the fourth quarter valued at about $37,000. Hoese & Co LLP lifted its position in shares of Invesco QQQ by 32.3% during 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 in the last quarter. Midwest Capital Advisors LLC purchased a new position in Invesco QQQ during the fourth quarter worth about $51,000. Finally, Legacy Bridge LLC grew its position in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 2.1 %

NASDAQ:QQQ opened at $526.08 on Monday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81. The firm has a 50-day moving average price of $523.39 and a two-hundred day moving average price of $501.59.

Invesco QQQ Announces Dividend

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 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.