Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 5.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,382 shares of the exchange traded fund’s stock after purchasing an additional 1,240 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Invesco QQQ were worth $11,954,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. PayPay Securities Corp grew 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 in the last quarter. Roxbury Financial LLC purchased a new position in Invesco QQQ during the 4th quarter valued at about $37,000. Hoese & Co LLP grew its position in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. Midwest Capital Advisors LLC acquired a new position in Invesco QQQ in the 4th quarter valued at about $51,000. Finally, Legacy Bridge LLC increased its stake in Invesco QQQ by 60.0% during the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ opened at $526.08 on Monday. The company’s 50-day simple moving average is $523.39 and its 200-day simple moving average is $501.59. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81.

Invesco QQQ Announces Dividend

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

Invesco QQQ Company 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.