Dohj LLC Grows Stake in Invesco QQQ (NASDAQ:QQQ)

Dohj LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 314.9% in the fourth quarter, Holdings Channel reports. The firm owned 22,124 shares of the exchange traded fund’s stock after acquiring an additional 16,791 shares during the quarter. Invesco QQQ comprises approximately 2.6% of Dohj LLC’s investment portfolio, making the stock its 9th biggest position. Dohj LLC’s holdings in Invesco QQQ were worth $11,311,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its position in Invesco QQQ by 332.0% during the second quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock worth $5,769,000 after buying an additional 9,254 shares during the last quarter. Triton Wealth Management PLLC increased its holdings in shares of Invesco QQQ by 9.0% during the 3rd quarter. Triton Wealth Management PLLC now owns 32,907 shares of the exchange traded fund’s stock worth $15,834,000 after acquiring an additional 2,707 shares during the last quarter. Fluent Financial LLC raised its stake in Invesco QQQ by 2.3% in the 3rd quarter. Fluent Financial LLC now owns 12,617 shares of the exchange traded fund’s stock valued at $6,158,000 after acquiring an additional 279 shares during the period. Lwmg LLC lifted its holdings in Invesco QQQ by 1.9% during the 3rd quarter. Lwmg LLC now owns 77,055 shares of the exchange traded fund’s stock valued at $37,608,000 after purchasing an additional 1,460 shares during the last quarter. Finally, Eclectic Associates Inc. ADV boosted its position in Invesco QQQ by 46.4% during the third quarter. Eclectic Associates Inc. ADV now owns 1,262 shares of the exchange traded fund’s stock worth $616,000 after purchasing an additional 400 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.1 %

Shares of QQQ opened at $522.29 on Friday. The firm’s 50-day simple moving average is $519.55 and its 200 day simple moving average is $494.13. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

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