4,686 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by Helium Advisors LLC

Helium Advisors LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 4,686 shares of the exchange traded fund's stock, valued at approximately $2,395,000. Invesco QQQ comprises approximately 1.9% of Helium Advisors LLC's investment portfolio, making the stock its 14th biggest holding.

A number of other hedge funds have also recently bought and sold shares of QQQ. Stephens Consulting LLC increased its holdings in shares of Invesco QQQ by 0.4% during the fourth quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund's stock worth $2,769,000 after buying an additional 19 shares in the last quarter. Farmers & Merchants Investments Inc. raised its position in Invesco QQQ by 1.9% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 1,093 shares of the exchange traded fund's stock valued at $559,000 after purchasing an additional 20 shares during the last quarter. RAM Investment Partners LLC increased its stake in shares of Invesco QQQ by 1.7% in the fourth quarter. RAM Investment Partners LLC now owns 1,167 shares of the exchange traded fund's stock valued at $597,000 after buying an additional 20 shares during the period. HighMark Wealth Management LLC raised its holdings in Invesco QQQ by 5.2% in the 4th quarter. HighMark Wealth Management LLC now owns 407 shares of the exchange traded fund's stock valued at $208,000 after buying an additional 20 shares during the last quarter. Finally, Providence First Trust Co grew its holdings in Invesco QQQ by 3.0% during the 4th quarter. Providence First Trust Co now owns 676 shares of the exchange traded fund's stock worth $346,000 after acquiring an additional 20 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $514.00 on Friday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $540.81. The firm has a market cap of $322.10 billion, a PE ratio of 30.62 and a beta of 1.11. The firm's fifty day moving average is $474.14 and its 200-day moving average is $500.80.

Invesco QQQ Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 24th were paid a $0.7157 dividend. 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.

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