SimpliFi Inc. Acquires 22 Shares of Invesco QQQ (NASDAQ:QQQ)

SimpliFi Inc. lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,139 shares of the exchange traded fund’s stock after purchasing an additional 22 shares during the period. Invesco QQQ accounts for approximately 0.3% of SimpliFi Inc.’s holdings, making the stock its 28th largest holding. SimpliFi Inc.’s holdings in Invesco QQQ were worth $583,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in QQQ. Hoese & Co LLP increased its stake in Invesco QQQ by 32.3% during the 4th 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. Legacy Bridge LLC increased its stake in Invesco QQQ by 60.0% during the 3rd 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. BNP Paribas bought a new stake in Invesco QQQ during the 3rd quarter worth approximately $62,000. Brooklyn Investment Group bought a new stake in Invesco QQQ during the 4th quarter worth approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE increased its stake in Invesco QQQ by 75.9% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $522.29 on Friday. The business has a 50 day simple moving average of $519.22 and a 200 day simple moving average of $493.95. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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.