Omnia Family Wealth LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 7.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,361 shares of the exchange traded fund's stock after purchasing an additional 749 shares during the period. Invesco QQQ makes up 2.3% of Omnia Family Wealth LLC's investment portfolio, making the stock its 10th biggest holding. Omnia Family Wealth LLC's holdings in Invesco QQQ were worth $5,808,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. PayPay Securities Corp raised its position in Invesco QQQ by 276.9% in the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund's stock valued at $25,000 after buying an additional 36 shares during the last quarter. Bridge Generations Wealth Management LLC purchased a new stake in shares of Invesco QQQ in the fourth quarter valued at about $35,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of Invesco QQQ in the fourth quarter valued at about $36,000. Roxbury Financial LLC bought a new position in shares of Invesco QQQ during the fourth quarter valued at about $37,000. Finally, Midwest Capital Advisors LLC purchased a new position in Invesco QQQ during the fourth quarter worth about $51,000. Institutional investors own 44.58% of the company's stock.
Invesco QQQ Stock Up 2.4%
QQQ stock traded up $11.98 during trading on Tuesday, reaching $521.22. The stock had a trading volume of 47,029,049 shares, compared to its average volume of 37,403,242. The company has a market capitalization of $326.62 billion, a price-to-earnings ratio of 30.62 and a beta of 1.11. Invesco QQQ has a one year low of $402.39 and a one year high of $540.81. The company's 50 day moving average is $475.41 and its two-hundred day moving average is $500.77.
Invesco QQQ Cuts Dividend
The firm also recently announced a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th were paid a $0.7157 dividend. 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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