Warburton Capital Management LLC Makes New Investment in Invesco QQQ (NASDAQ:QQQ)

Warburton Capital Management LLC acquired a new position in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 393 shares of the exchange traded fund’s stock, valued at approximately $200,000.

A number of other large investors have also modified their holdings of QQQ. PayPay Securities Corp increased its stake in shares of Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 36 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter worth about $37,000. Hoese & Co LLP increased its stake in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares in the last quarter. Midwest Capital Advisors LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter worth about $51,000. Finally, Legacy Bridge LLC increased its stake in shares of 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 in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.2 %

Shares of NASDAQ QQQ opened at $471.60 on Wednesday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81. The stock has a market cap of $297.23 billion, a PE ratio of 33.43 and a beta of 1.11. The company has a 50-day moving average of $517.19 and a 200 day moving average of $504.07.

Invesco QQQ Announces Dividend

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