Invesco QQQ (NASDAQ:QQQ) Shares Acquired by TAP Consulting LLC

TAP Consulting LLC raised its position in Invesco QQQ (NASDAQ:QQQ) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,919 shares of the exchange traded fund’s stock after buying an additional 3,207 shares during the period. Invesco QQQ accounts for about 3.1% of TAP Consulting LLC’s investment portfolio, making the stock its 4th biggest position. TAP Consulting LLC’s holdings in Invesco QQQ were worth $15,296,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. PayPay Securities Corp raised its holdings in shares of Invesco QQQ by 276.9% in the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 36 shares during the last quarter. Roxbury Financial LLC acquired a new stake in Invesco QQQ in the 4th quarter valued at about $37,000. Hoese & Co LLP grew its stake in shares of Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Midwest Capital Advisors LLC acquired a new stake in shares of Invesco QQQ in the fourth quarter valued at approximately $51,000. Finally, Creative Capital Management Investments LLC raised its position in shares of Invesco QQQ by 740.0% during the fourth quarter. Creative Capital Management Investments LLC now owns 126 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 111 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Up 1.3 %

Invesco QQQ stock opened at $480.89 on Thursday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81. The business’s 50-day simple moving average is $512.55 and its 200 day simple moving average is $503.99. The stock has a market cap of $303.08 billion, a price-to-earnings ratio of 30.74 and a beta of 1.11.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given 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.