Quattro Financial Advisors LLC Boosts Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Quattro Financial Advisors LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 7.0% during the fourth quarter, HoldingsChannel reports. The firm owned 532 shares of the exchange traded fund’s stock after buying an additional 35 shares during the period. Invesco QQQ comprises approximately 0.0% of Quattro Financial Advisors LLC’s portfolio, making the stock its 8th largest holding. Quattro Financial Advisors LLC’s holdings in Invesco QQQ were worth $272,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in Invesco QQQ by 159.6% during the fourth quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after acquiring an additional 2,059 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Invesco QQQ by 141.0% during the third quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after acquiring an additional 11,351 shares in the last quarter. Socha Financial Group LLC boosted its stake in Invesco QQQ by 2.4% during the third quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after acquiring an additional 2,171 shares in the last quarter. NRI Wealth Management LC bought a new position in Invesco QQQ during the fourth quarter worth $28,729,000. Finally, Garden State Investment Advisory Services LLC boosted its stake in Invesco QQQ by 13.1% during the third quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after acquiring an additional 3,581 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $524.47 on Wednesday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The company’s fifty day simple moving average is $519.78 and its 200 day simple moving average is $494.47.

Invesco QQQ Announces Dividend

The business also recently announced 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 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.