YANKCOM Partnership Invests $261,000 in Invesco QQQ (NASDAQ:QQQ)

YANKCOM Partnership purchased a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 511 shares of the exchange traded fund’s stock, valued at approximately $261,000.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in Invesco QQQ by 21.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,290 shares of the exchange traded fund’s stock worth $630,000 after acquiring an additional 230 shares in the last quarter. Bath Savings Trust Co grew its position in shares of Invesco QQQ by 12.7% during the 3rd quarter. Bath Savings Trust Co now owns 665 shares of the exchange traded fund’s stock worth $325,000 after buying an additional 75 shares in the last quarter. City Holding Co. increased its stake in shares of Invesco QQQ by 13.1% during the third quarter. City Holding Co. now owns 7,306 shares of the exchange traded fund’s stock valued at $3,566,000 after buying an additional 847 shares during the period. Trust Co of Kansas bought a new position in Invesco QQQ during the 3rd quarter worth about $227,000. Finally, Brookstone Capital Management increased its position in Invesco QQQ by 5.2% during the 3rd quarter. Brookstone Capital Management now owns 377,922 shares of the exchange traded fund’s stock valued at $184,452,000 after purchasing an additional 18,721 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.5 %

Shares of QQQ opened at $526.85 on Thursday. The company has a 50 day moving average price of $520.08 and a 200-day moving average price of $494.82. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15.

Invesco QQQ Announces Dividend

The business also recently declared 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 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.