Invesco QQQ (NASDAQ:QQQ) Shares Acquired by BluePath Capital Management LLC

BluePath Capital Management LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 22.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,775 shares of the exchange traded fund’s stock after purchasing an additional 506 shares during the period. Invesco QQQ accounts for about 0.8% of BluePath Capital Management LLC’s holdings, making the stock its 26th biggest position. BluePath Capital Management LLC’s holdings in Invesco QQQ were worth $1,403,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Redhawk Wealth Advisors Inc. lifted its holdings in Invesco QQQ by 2.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 10,353 shares of the exchange traded fund’s stock valued at $5,293,000 after acquiring an additional 214 shares during the period. Godsey & Gibb Inc. increased its position in Invesco QQQ by 1.5% during the fourth quarter. Godsey & Gibb Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $879,000 after buying an additional 26 shares in the last quarter. Armstrong Advisory Group Inc. lifted its holdings in Invesco QQQ by 2.1% in the 4th quarter. Armstrong Advisory Group Inc. now owns 8,841 shares of the exchange traded fund’s stock valued at $4,520,000 after purchasing an additional 178 shares in the last quarter. Advisors Management Group Inc. ADV lifted its stake in shares of Invesco QQQ by 11.3% during the fourth quarter. Advisors Management Group Inc. ADV now owns 6,472 shares of the exchange traded fund’s stock valued at $3,309,000 after buying an additional 657 shares during the period. Finally, CHURCHILL MANAGEMENT Corp boosted its holdings in shares of Invesco QQQ by 0.8% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after purchasing an additional 13,772 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 2.3 %

Shares of QQQ stock opened at $516.67 on Thursday. The company has a 50 day moving average price of $515.57 and a 200 day moving average price of $491.47. Invesco QQQ has a one year low of $402.92 and a one year high of $539.15.

Invesco QQQ Announces Dividend

The business also recently declared 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 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.