Wilmar Advisors LLC Takes Position in Invesco QQQ (NASDAQ:QQQ)

Wilmar Advisors LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 61,000 shares of the exchange traded fund’s stock, valued at approximately $31,185,000. Invesco QQQ comprises approximately 28.8% of Wilmar Advisors LLC’s portfolio, making the stock its largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Proficio Capital Partners LLC grew its position in shares of Invesco QQQ by 51,292.3% in the 4th quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock valued at $5,879,434,000 after buying an additional 11,478,188 shares during the last quarter. Toronto Dominion Bank grew its position in shares of Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after buying an additional 488,815 shares during the last quarter. Strategic Financial Concepts LLC grew its position in shares of Invesco QQQ by 47,853.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after buying an additional 4,105,389 shares during the last quarter. CHURCHILL MANAGEMENT Corp grew its position in shares of Invesco QQQ by 0.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock valued at $940,676,000 after buying an additional 13,772 shares during the last quarter. Finally, US Bancorp DE grew its position in shares of Invesco QQQ by 3.4% in the 4th quarter. US Bancorp DE now owns 1,409,330 shares of the exchange traded fund’s stock valued at $720,494,000 after buying an additional 46,234 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.6 %

NASDAQ QQQ opened at $508.30 on Friday. The business’s 50-day moving average price is $522.05 and its two-hundred day moving average price is $503.28. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81. The firm has a market capitalization of $320.36 billion, a PE ratio of 33.43 and a beta of 1.11.

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 paid a dividend of $0.8347 per share. 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.