Invesco QQQ (NASDAQ:QQQ) Shares Bought by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,943 shares of the exchange traded fund’s stock after acquiring an additional 130 shares during the quarter. Invesco QQQ accounts for approximately 0.9% of Astoria Portfolio Advisors LLC.’s portfolio, making the stock its 22nd largest holding. Astoria Portfolio Advisors LLC.’s holdings in Invesco QQQ were worth $2,496,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Legacy Bridge LLC lifted its holdings in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 45 shares during the period. BNP Paribas acquired a new position in shares of Invesco QQQ during the 3rd quarter worth $62,000. Brooklyn Investment Group purchased a new position in shares of Invesco QQQ in the 4th quarter valued at about $69,000. Ritter Daniher Financial Advisory LLC DE lifted its stake in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares during the period. Finally, Pacifica Partners Inc. purchased a new stake in Invesco QQQ during the fourth quarter worth about $73,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Shares of QQQ opened at $521.74 on Friday. The firm’s 50-day moving average is $515.94 and its two-hundred day moving average is $492.08. Invesco QQQ has a twelve month low of $409.16 and a twelve month high of $539.15.

Invesco QQQ Announces Dividend

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