Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Financial Sense Advisors Inc.

Financial Sense Advisors Inc. grew its stake in Invesco QQQ (NASDAQ:QQQ) by 233.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,400 shares of the exchange traded fund’s stock after buying an additional 1,681 shares during the period. Financial Sense Advisors Inc.’s holdings in Invesco QQQ were worth $1,227,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Perspectives Inc boosted its stake in shares of Invesco QQQ by 1.7% during the 4th quarter. Financial Perspectives Inc now owns 3,051 shares of the exchange traded fund’s stock worth $1,560,000 after acquiring an additional 50 shares in the last quarter. TKG Advisors LLC raised its holdings in Invesco QQQ by 2.2% in the 4th quarter. TKG Advisors LLC now owns 14,570 shares of the exchange traded fund’s stock worth $7,717,000 after purchasing an additional 312 shares during the period. Legacy Solutions LLC purchased a new position in Invesco QQQ during the fourth quarter worth approximately $711,000. Flagstar Advisors Inc. grew its holdings in Invesco QQQ by 3.1% in the fourth quarter. Flagstar Advisors Inc. now owns 27,139 shares of the exchange traded fund’s stock valued at $13,874,000 after purchasing an additional 827 shares during the period. Finally, Werba Rubin Papier Wealth Management increased its position in shares of Invesco QQQ by 7.9% in the fourth quarter. Werba Rubin Papier Wealth Management now owns 2,351 shares of the exchange traded fund’s stock valued at $1,202,000 after buying an additional 172 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.0 %

Shares of NASDAQ:QQQ opened at $539.52 on Thursday. The business’s 50 day moving average price is $523.26 and its 200-day moving average price is $499.81. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81.

Invesco QQQ Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued 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.