Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Personal CFO Solutions LLC

Personal CFO Solutions LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,312 shares of the exchange traded fund’s stock after purchasing an additional 129 shares during the period. Invesco QQQ accounts for approximately 0.5% of Personal CFO Solutions LLC’s holdings, making the stock its 29th biggest position. Personal CFO Solutions LLC’s holdings in Invesco QQQ were worth $2,716,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barings LLC boosted its stake in Invesco QQQ by 0.6% during the 4th quarter. Barings LLC now owns 892,807 shares of the exchange traded fund’s stock valued at $456,430,000 after purchasing an additional 5,000 shares during the period. Amundi raised its position in shares of Invesco QQQ by 13.0% during the 4th quarter. Amundi now owns 104,303 shares of the exchange traded fund’s stock worth $53,744,000 after buying an additional 12,015 shares in the last quarter. Rialto Wealth Management LLC bought a new stake in shares of Invesco QQQ during the 4th quarter worth about $1,443,000. Lifeworks Advisors LLC raised its position in shares of Invesco QQQ by 57.7% during the 4th quarter. Lifeworks Advisors LLC now owns 10,587 shares of the exchange traded fund’s stock worth $5,412,000 after buying an additional 3,874 shares in the last quarter. Finally, Intellectus Partners LLC raised its position in shares of Invesco QQQ by 3.0% during the 4th quarter. Intellectus Partners LLC now owns 1,595 shares of the exchange traded fund’s stock worth $816,000 after buying an additional 46 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.7 %

QQQ stock opened at $491.79 on Friday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81. The company has a market capitalization of $309.95 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. The firm’s 50-day moving average is $518.84 and its two-hundred day moving average is $503.99.

Invesco QQQ Announces Dividend

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