Sivia Capital Partners LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 299.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,202 shares of the exchange traded fund's stock after buying an additional 1,651 shares during the period. Invesco QQQ comprises 0.5% of Sivia Capital Partners LLC's portfolio, making the stock its 29th biggest holding. Sivia Capital Partners LLC's holdings in Invesco QQQ were worth $1,033,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. PayPay Securities Corp lifted its stake in shares of Invesco QQQ by 276.9% in the fourth 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 period. Bridge Generations Wealth Management LLC acquired a new position in Invesco QQQ in the fourth quarter worth about $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in Invesco QQQ in the fourth quarter worth about $36,000. Roxbury Financial LLC acquired a new position in Invesco QQQ in the fourth quarter worth about $37,000. Finally, Midwest Capital Advisors LLC acquired a new position in Invesco QQQ in the fourth quarter worth about $51,000. Institutional investors own 44.58% of the company's stock.
Invesco QQQ Stock Up 1.0%
NASDAQ:QQQ opened at $529.92 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $540.81. The firm has a market capitalization of $332.07 billion, a PE ratio of 32.66 and a beta of 1.11. The firm has a 50-day moving average price of $483.20 and a 200 day moving average price of $501.87.
Invesco QQQ Cuts Dividend
The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 24th were given a $0.7157 dividend. The ex-dividend date was Monday, March 24th.
Invesco QQQ Company 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.
See Also
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ - Free Report).
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