Hoge Financial Services LLC bought a new stake in Invesco QQQ (NASDAQ:QQQ - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 894 shares of the exchange traded fund's stock, valued at approximately $419,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of QQQ. Bridge Generations Wealth Management LLC acquired a new stake in shares of Invesco QQQ in the fourth quarter worth about $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Invesco QQQ in the fourth quarter worth about $36,000. Midwest Capital Advisors LLC acquired a new stake in shares of Invesco QQQ in the fourth quarter worth about $51,000. Banque Transatlantique SA acquired a new stake in shares of Invesco QQQ in the fourth quarter worth about $57,000. Finally, Perritt Capital Management Inc acquired a new stake in shares of Invesco QQQ in the fourth quarter worth about $61,000. Hedge funds and other institutional investors own 44.58% of the company's stock.
Invesco QQQ Price Performance
Shares of NASDAQ:QQQ traded down $0.09 on Thursday, reaching $528.99. The company had a trading volume of 43,800,167 shares, compared to its average volume of 38,526,600. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $540.81. The stock has a 50-day moving average price of $499.12 and a 200 day moving average price of $503.35.
Invesco QQQ Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 24th were given a dividend of $0.7157 per share. The ex-dividend date of this dividend was Monday, March 24th.
About Invesco QQQ
(
Free Report)
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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