1,056 Shares in Invesco QQQ (NASDAQ:QQQ) Purchased by Kera Capital Partners Inc.

Kera Capital Partners Inc. acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, HoldingsChannel reports. The firm acquired 1,056 shares of the exchange traded fund’s stock, valued at approximately $540,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its stake in shares of Invesco QQQ by 46,491.6% during the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock worth $15,904,322,000 after purchasing an additional 32,516,210 shares during the last quarter. Ameriprise Financial Inc. grew its position in Invesco QQQ by 7.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock valued at $2,379,676,000 after buying an additional 338,494 shares during the last quarter. Toronto Dominion Bank increased its stake in Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after buying an additional 488,815 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Invesco QQQ by 1.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,199,214 shares of the exchange traded fund’s stock worth $1,532,904,000 after buying an additional 33,790 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp lifted its stake in shares of Invesco QQQ by 0.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after acquiring an additional 13,772 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 1.7 %

Shares of NASDAQ:QQQ opened at $521.74 on Friday. Invesco QQQ has a fifty-two week low of $409.16 and a fifty-two week high of $539.15. The firm’s 50-day simple moving average is $515.94 and its 200-day simple moving average is $492.08.

Invesco QQQ Dividend Announcement

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

Invesco QQQ Profile

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.