Rothschild Investment LLC Raises Position in Invesco QQQ (NASDAQ:QQQ)

Rothschild Investment LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,709 shares of the exchange traded fund’s stock after purchasing an additional 471 shares during the period. Rothschild Investment LLC’s holdings in Invesco QQQ were worth $2,919,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. PayPay Securities Corp grew its stake in Invesco QQQ by 276.9% in the 4th 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 in the 4th quarter valued at approximately $37,000. Hoese & Co LLP grew its stake 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 buying an additional 20 shares in the last quarter. Midwest Capital Advisors LLC purchased a new position in Invesco QQQ in the 4th quarter valued at approximately $51,000. Finally, Legacy Bridge LLC grew its stake in 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 in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 2.1 %

Invesco QQQ stock opened at $526.08 on Monday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81. The firm has a 50 day simple moving average of $523.39 and a 200 day simple moving average of $501.59.

Invesco QQQ Dividend Announcement

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