Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Global Strategic Investment Solutions LLC

Global Strategic Investment Solutions LLC raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,587 shares of the exchange traded fund’s stock after purchasing an additional 103 shares during the quarter. Global Strategic Investment Solutions LLC’s holdings in Invesco QQQ were worth $1,322,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Proficio Capital Partners LLC increased its stake in Invesco QQQ by 51,292.3% in the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock valued at $5,879,434,000 after purchasing an additional 11,478,188 shares during the period. Toronto Dominion Bank increased its stake in Invesco QQQ by 13.0% in the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after purchasing an additional 488,815 shares during the period. Strategic Financial Concepts LLC increased its stake in Invesco QQQ by 47,853.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after purchasing an additional 4,105,389 shares during the period. CHURCHILL MANAGEMENT Corp increased its stake in Invesco QQQ by 0.8% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock valued at $940,676,000 after purchasing an additional 13,772 shares during the period. Finally, US Bancorp DE increased its stake in Invesco QQQ by 3.4% in the fourth quarter. US Bancorp DE now owns 1,409,330 shares of the exchange traded fund’s stock valued at $720,494,000 after purchasing an additional 46,234 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $497.05 on Tuesday. The firm has a market cap of $313.27 billion, a PE ratio of 33.43 and a beta of 1.11. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The firm’s fifty day moving average is $521.53 and its two-hundred day moving average is $503.73.

Invesco QQQ Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.8347 dividend. The ex-dividend date 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.