Rockingstone Advisors LLC Has $928,000 Stock Position in Invesco QQQ (NASDAQ:QQQ)

Rockingstone Advisors LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,815 shares of the exchange traded fund’s stock after purchasing an additional 180 shares during the period. Rockingstone Advisors LLC’s holdings in Invesco QQQ were worth $928,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Legacy Bridge LLC boosted its holdings in shares of Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in Invesco QQQ in the third quarter valued at $62,000. Ritter Daniher Financial Advisory LLC DE grew its position in shares of Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after acquiring an additional 63 shares during the period. Pacifica Partners Inc. bought a new position in shares of Invesco QQQ in the 4th quarter valued at about $73,000. Finally, Providence Capital Advisors LLC bought a new stake in shares of Invesco QQQ in the 2nd quarter valued at about $76,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Up 2.3 %

Shares of NASDAQ:QQQ opened at $516.67 on Thursday. Invesco QQQ has a 52-week low of $402.92 and a 52-week high of $539.15. The company has a 50-day simple moving average of $515.57 and a 200 day simple moving average of $491.47.

Invesco QQQ Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

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.