Harel Insurance Investments & Financial Services Ltd. Raises Position in Invesco QQQ (NASDAQ:QQQ)

Harel Insurance Investments & Financial Services Ltd. lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 0.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,614 shares of the exchange traded fund’s stock after purchasing an additional 40 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Invesco QQQ were worth $34,571,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Hoese & Co LLP increased 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 worth $42,000 after buying an additional 20 shares in the last quarter. Legacy Bridge LLC boosted its stake in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 45 shares during the period. BNP Paribas purchased a new stake in shares of Invesco QQQ during the third quarter worth about $62,000. Brooklyn Investment Group bought a new stake in Invesco QQQ during the 4th quarter valued at approximately $69,000. Finally, Pacifica Partners Inc. purchased a new position in Invesco QQQ in the 4th quarter worth approximately $73,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 0.6 %

Shares of QQQ opened at $529.63 on Friday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The company has a 50 day simple moving average of $517.20 and a two-hundred day simple moving average of $493.09.

Invesco QQQ Dividend Announcement

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