Manchester Capital Management LLC Purchases 722 Shares of Invesco QQQ (NASDAQ:QQQ)

Manchester Capital Management LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 28.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,298 shares of the exchange traded fund’s stock after acquiring an additional 722 shares during the period. Manchester Capital Management LLC’s holdings in Invesco QQQ were worth $1,686,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. SOA Wealth Advisors LLC. boosted its holdings in shares of Invesco QQQ by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after buying an additional 46 shares during the period. B.O.S.S. Retirement Advisors LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth about $294,000. Good Life Advisors LLC boosted its holdings in shares of Invesco QQQ by 118.8% during the 3rd quarter. Good Life Advisors LLC now owns 50,052 shares of the exchange traded fund’s stock worth $24,431,000 after buying an additional 27,172 shares during the period. Quad Cities Investment Group LLC boosted its holdings in shares of Invesco QQQ by 9.0% during the 3rd quarter. Quad Cities Investment Group LLC now owns 9,511 shares of the exchange traded fund’s stock worth $4,642,000 after buying an additional 784 shares during the period. Finally, Global Retirement Partners LLC boosted its holdings in shares of Invesco QQQ by 3.5% during the 3rd quarter. Global Retirement Partners LLC now owns 131,186 shares of the exchange traded fund’s stock worth $64,028,000 after buying an additional 4,438 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $538.15 on Friday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The firm has a 50-day moving average price of $522.14 and a two-hundred day moving average price of $497.35.

Invesco QQQ Announces Dividend

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