Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Dohj LLC

Dohj LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 4.1% in the 1st quarter, HoldingsChannel reports. The fund owned 23,040 shares of the exchange traded fund’s stock after buying an additional 916 shares during the quarter. Invesco QQQ accounts for about 2.5% of Dohj LLC’s holdings, making the stock its 9th biggest holding. Dohj LLC’s holdings in Invesco QQQ were worth $10,804,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. Bridge Generations Wealth Management LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $35,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in Invesco QQQ in the fourth quarter valued at approximately $36,000. Roxbury Financial LLC bought a new position in Invesco QQQ in the fourth quarter valued at approximately $37,000. Midwest Capital Advisors LLC bought a new stake in shares of Invesco QQQ in the fourth quarter worth $51,000. Finally, Banque Transatlantique SA bought a new stake in shares of Invesco QQQ in the fourth quarter worth $57,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.3%

Shares of QQQ stock opened at $526.96 on Friday. The firm has a market cap of $330.22 billion, a PE ratio of 32.66 and a beta of 1.11. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $540.81. The company’s fifty day simple moving average is $492.58 and its 200-day simple moving average is $502.75.

Invesco QQQ Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 24th were issued a dividend of $0.7157 per share. The ex-dividend date of this dividend was 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.