Bull Oak Capital LLC Purchases Shares of 411 Invesco QQQ (NASDAQ:QQQ)

Bull Oak Capital LLC acquired a new stake in Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 411 shares of the exchange traded fund’s stock, valued at approximately $210,000. Invesco QQQ accounts for approximately 0.1% of Bull Oak Capital LLC’s portfolio, making the stock its 24th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC increased its position in shares of Invesco QQQ by 47,853.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after buying an additional 4,105,389 shares during the period. Artemis Wealth Advisors LLC boosted its position in Invesco QQQ by 1,337.4% during the 4th quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund’s stock valued at $423,470,000 after acquiring an additional 895,277 shares in the last quarter. Toronto Dominion Bank boosted its position in Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. Cibc World Market Inc. grew its holdings in shares of Invesco QQQ by 90.0% during the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after acquiring an additional 324,948 shares during the period. Finally, Bell Bank raised its position in shares of Invesco QQQ by 112.7% in the 4th quarter. Bell Bank now owns 381,080 shares of the exchange traded fund’s stock worth $194,820,000 after acquiring an additional 201,918 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 0.2 %

Shares of Invesco QQQ stock opened at $514.56 on Thursday. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81. The firm has a market capitalization of $324.30 billion, a P/E ratio of 33.43 and a beta of 1.11. The business has a fifty day simple moving average of $522.53 and a two-hundred day simple moving average of $502.62.

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 dividend of $0.8347 per share. The ex-dividend date of this dividend 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.