Amundi Acquires 12,015 Shares of Invesco QQQ (NASDAQ:QQQ)

Amundi increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 13.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 104,303 shares of the exchange traded fund’s stock after acquiring an additional 12,015 shares during the period. Amundi’s holdings in Invesco QQQ were worth $53,744,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rialto Wealth Management LLC bought a new stake in Invesco QQQ during the 4th quarter worth $1,443,000. Lifeworks Advisors LLC grew its position in 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 acquiring an additional 3,874 shares during the last quarter. Intellectus Partners LLC grew its position in 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 acquiring an additional 46 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. bought a new stake in Invesco QQQ during the 4th quarter worth $9,304,000. Finally, PNC Financial Services Group Inc. grew its position in Invesco QQQ by 0.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,116,706 shares of the exchange traded fund’s stock worth $1,593,354,000 after acquiring an additional 27,115 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.2 %

NASDAQ QQQ opened at $471.60 on Wednesday. The business’s 50-day moving average price is $517.19 and its two-hundred day moving average price is $504.07. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81. The firm has a market capitalization of $297.23 billion, a PE ratio of 33.43 and a beta of 1.11.

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 $0.8347 dividend. 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.