Y.D. More Investments Ltd boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 40.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,516 shares of the exchange traded fund’s stock after buying an additional 7,035 shares during the period. Invesco QQQ accounts for about 2.0% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 14th biggest holding. Y.D. More Investments Ltd’s holdings in Invesco QQQ were worth $10,038,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also bought and sold shares of QQQ. Red Tortoise LLC lifted its position in Invesco QQQ by 370.0% during the fourth quarter. Red Tortoise LLC now owns 94 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 74 shares during the last quarter. Friedenthal Financial acquired a new stake in shares of Invesco QQQ in the 4th quarter worth $41,000. Bear Mountain Capital Inc. acquired a new stake in shares of Invesco QQQ in the 4th quarter worth $42,000. Core Wealth Advisors Inc. grew its stake in Invesco QQQ by 33.3% during the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 30 shares during the last quarter. Finally, Hexagon Capital Partners LLC acquired a new position in Invesco QQQ during the 4th quarter valued at about $53,000. Institutional investors own 44.58% of the company’s stock.
Invesco QQQ Price Performance
NASDAQ QQQ traded down $3.07 during trading on Wednesday, hitting $421.52. The company’s stock had a trading volume of 51,162,486 shares, compared to its average volume of 45,974,980. Invesco QQQ has a fifty-two week low of $315.11 and a fifty-two week high of $449.34. The company has a market cap of $246.57 billion, a PE ratio of 34.49 and a beta of 1.30. The business’s 50 day simple moving average is $436.86 and its 200-day simple moving average is $411.54.
Invesco QQQ Dividend Announcement
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.
Recommended Stories
- Five stocks we like better than Invesco QQQ
- Canada Bond Market Holiday: How to Invest and Trade
- AMD is Down 35%. Now is the Time to Buy the Dip
- Using the MarketBeat Stock Split Calculator
- Amazon Stands Tall: New Highs Are in Sight
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Chesapeake Energy Stock is The Energy Play, Earnings Confirm
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.