Disciplined Investors L.L.C. Invests $343,000 in Invesco QQQ (NASDAQ:QQQ)

Disciplined Investors L.L.C. purchased a new stake in Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 678 shares of the exchange traded fund’s stock, valued at approximately $343,000.

A number of other large investors have also recently bought and sold shares of QQQ. SOA Wealth Advisors LLC. boosted its position in Invesco QQQ by 0.3% in the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock valued at $8,477,000 after buying an additional 46 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of Invesco QQQ in the third quarter valued at approximately $791,000. Ingalls & Snyder LLC boosted its holdings in shares of Invesco QQQ by 7.4% in the 3rd quarter. Ingalls & Snyder LLC now owns 3,161 shares of the exchange traded fund’s stock worth $1,543,000 after acquiring an additional 219 shares in the last quarter. Murchinson Ltd. bought a new stake in Invesco QQQ during the 3rd quarter worth approximately $30,504,000. Finally, Polymer Capital Management HK LTD increased its holdings in Invesco QQQ by 23.3% during the 3rd quarter. Polymer Capital Management HK LTD now owns 1,911 shares of the exchange traded fund’s stock valued at $933,000 after purchasing an additional 361 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $476.15 on Thursday. The business’s fifty day moving average is $505.23 and its two-hundred day moving average is $505.09. The firm has a market cap of $302.05 billion, a P/E ratio of 30.05 and a beta of 1.18. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $540.81.

Invesco QQQ Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 24th will be given a dividend of $0.7157 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.