409 Shares in Invesco QQQ (NASDAQ:QQQ) Acquired by Solitude Financial Services

Solitude Financial Services bought a new stake in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 409 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Other large investors also recently added to or reduced their stakes in the company. SLT Holdings LLC acquired a new position in shares of Invesco QQQ during the 4th quarter valued at about $1,253,000. Sound View Wealth Advisors Group LLC lifted its holdings in Invesco QQQ by 0.4% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 30,919 shares of the exchange traded fund’s stock worth $15,807,000 after purchasing an additional 133 shares during the last quarter. Lepercq Multi Asset Fund bought a new stake in Invesco QQQ during the fourth quarter worth approximately $23,659,000. Tilson Financial Group Inc. acquired a new position in Invesco QQQ during the fourth quarter valued at approximately $206,000. Finally, Schaper Benz & Wise Investment Counsel Inc. WI raised its position in shares of Invesco QQQ by 52.4% in the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 660 shares of the exchange traded fund’s stock valued at $337,000 after purchasing an additional 227 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 0.7 %

Shares of Invesco QQQ stock opened at $491.79 on Monday. The firm has a fifty day simple moving average of $518.84 and a 200-day simple moving average of $504.14. The stock has a market capitalization of $309.95 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $540.81.

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 paid a $0.8347 dividend. The ex-dividend date of this dividend 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.