Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Applied Capital LLC

Applied Capital LLC increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 37.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,268 shares of the exchange traded fund’s stock after purchasing an additional 347 shares during the quarter. Applied Capital LLC’s holdings in Invesco QQQ were worth $648,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Hoese & Co LLP lifted its holdings 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 holdings in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 45 shares during the last quarter. BNP Paribas acquired a new stake in Invesco QQQ during the 3rd quarter valued at approximately $62,000. Brooklyn Investment Group purchased a new stake in Invesco QQQ during the 4th quarter worth approximately $69,000. Finally, Pacifica Partners Inc. acquired a new position in shares of Invesco QQQ in the 4th quarter valued at approximately $73,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.2 %

Invesco QQQ stock opened at $520.83 on Thursday. The stock has a 50 day moving average of $518.51 and a 200-day moving average of $493.56. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

The company 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 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.