Invesco QQQ (NASDAQ:QQQ) Shares Bought by Valley Forge Investment Consultants Inc. ADV

Valley Forge Investment Consultants Inc. ADV lifted its position in Invesco QQQ (NASDAQ:QQQ) by 71.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 961 shares of the exchange traded fund’s stock after buying an additional 400 shares during the period. Valley Forge Investment Consultants Inc. ADV’s holdings in Invesco QQQ were worth $492,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Stephens Consulting LLC increased its stake in Invesco QQQ by 0.4% in the fourth quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock valued at $2,769,000 after purchasing an additional 19 shares in the last quarter. Cardinal Point Capital Management ULC grew its holdings in shares of Invesco QQQ by 0.5% in the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after buying an additional 20 shares during the period. Hoese & Co LLP increased its position in shares of Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares in the last quarter. Farmers & Merchants Investments Inc. raised its stake in Invesco QQQ by 1.9% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 1,093 shares of the exchange traded fund’s stock worth $559,000 after buying an additional 20 shares during the period. Finally, RAM Investment Partners LLC raised its stake in Invesco QQQ by 1.7% during the 4th quarter. RAM Investment Partners LLC now owns 1,167 shares of the exchange traded fund’s stock worth $597,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 2.6 %

NASDAQ:QQQ opened at $468.94 on Friday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81. The stock has a 50-day moving average price of $508.43 and a two-hundred day moving average price of $504.77. The stock has a market cap of $295.55 billion, a price-to-earnings ratio of 30.74 and a beta of 1.11.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 24th will be given a $0.7157 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.