Heck Capital Advisors LLC acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,381 shares of the exchange traded fund's stock, valued at approximately $706,000.
Several other institutional investors have also added to or reduced their stakes in the company. PayPay Securities Corp boosted its stake in shares of Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund's stock valued at $25,000 after purchasing an additional 36 shares in the last quarter. Bridge Generations Wealth Management LLC bought a new position in Invesco QQQ in the 4th quarter valued at approximately $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Invesco QQQ during the 4th quarter worth approximately $36,000. Roxbury Financial LLC acquired a new stake in Invesco QQQ during the 4th quarter worth approximately $37,000. Finally, Midwest Capital Advisors LLC bought a new stake in Invesco QQQ during the 4th quarter worth approximately $51,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ Stock Up 2.4%
NASDAQ QQQ traded up $11.98 on Tuesday, hitting $521.22. The company's stock had a trading volume of 47,029,049 shares, compared to its average volume of 37,403,242. The company's 50-day moving average is $475.41 and its 200 day moving average is $500.77. The firm has a market cap of $326.62 billion, a PE ratio of 30.62 and a beta of 1.11. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $540.81.
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 issued a $0.7157 dividend. The ex-dividend date was Monday, March 24th.
Invesco QQQ Profile
(
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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