Dohj LLC Has $10.80 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Dohj LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 4.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,040 shares of the exchange traded fund's stock after buying an additional 916 shares during the period. Invesco QQQ accounts for approximately 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 institutional investors also recently made changes to their positions in QQQ. Grant Private Wealth Management Inc lifted its holdings in shares of Invesco QQQ by 10.0% during the 1st quarter. Grant Private Wealth Management Inc now owns 1,754 shares of the exchange traded fund's stock valued at $822,000 after acquiring an additional 159 shares in the last quarter. American Institute for Advanced Investment Management LLP lifted its holdings in shares of Invesco QQQ by 22.3% during the 1st quarter. American Institute for Advanced Investment Management LLP now owns 1,315 shares of the exchange traded fund's stock valued at $617,000 after acquiring an additional 240 shares in the last quarter. Lakeridge Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 3.0% during the 1st quarter. Lakeridge Wealth Management LLC now owns 860 shares of the exchange traded fund's stock valued at $403,000 after acquiring an additional 25 shares in the last quarter. CRA Financial Services LLC lifted its holdings in shares of Invesco QQQ by 2.8% during the 1st quarter. CRA Financial Services LLC now owns 39,751 shares of the exchange traded fund's stock valued at $18,640,000 after acquiring an additional 1,086 shares in the last quarter. Finally, Opal Wealth Advisors LLC lifted its holdings in shares of Invesco QQQ by 22.0% during the 1st quarter. Opal Wealth Advisors LLC now owns 1,149 shares of the exchange traded fund's stock valued at $539,000 after acquiring an additional 207 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ traded down $6.70 during midday trading on Friday, hitting $526.96. 55,743,632 shares of the company's stock traded hands, compared to its average volume of 38,429,078. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $540.81. The company has a market cap of $330.22 billion, a PE ratio of 32.66 and a beta of 1.11. The firm's fifty day moving average price is $492.58 and its two-hundred day moving average price is $502.75.

Invesco QQQ Cuts Dividend

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

About Invesco QQQ

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.