Matauro LLC increased its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 7.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 10,270 shares of the exchange traded fund's stock after purchasing an additional 680 shares during the period. Invesco QQQ comprises about 1.0% of Matauro LLC's investment portfolio, making the stock its 19th biggest holding. Matauro LLC's holdings in Invesco QQQ were worth $4,816,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. PayPay Securities Corp lifted its position in Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund's stock worth $25,000 after acquiring an additional 36 shares during the last quarter. Bridge Generations Wealth Management LLC bought a new position in shares of Invesco QQQ during the 4th quarter worth about $35,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Invesco QQQ during the 4th quarter worth about $36,000. Roxbury Financial LLC bought a new position in shares of Invesco QQQ during the 4th quarter worth about $37,000. Finally, Midwest Capital Advisors LLC bought a new position in shares of Invesco QQQ during the 4th quarter worth about $51,000. Institutional investors and hedge funds own 44.58% of the company's stock.
Invesco QQQ Stock Performance
Shares of NASDAQ:QQQ traded down $6.70 on Friday, hitting $526.96. 55,743,632 shares of the company were exchanged, compared to its average volume of 38,368,792. The company's 50 day moving average price is $492.58 and its two-hundred day moving average price is $502.76. Invesco QQQ has a one year low of $402.39 and a one year high of $540.81. The firm has a market capitalization of $330.22 billion, a price-to-earnings ratio of 32.66 and a beta of 1.11.
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 paid a dividend of $0.7157 per share. The ex-dividend date 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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