Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Tidemark LLC

Tidemark LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,913 shares of the exchange traded fund’s stock after purchasing an additional 81 shares during the quarter. Invesco QQQ comprises about 1.0% of Tidemark LLC’s investment portfolio, making the stock its 24th largest position. Tidemark LLC’s holdings in Invesco QQQ were worth $2,512,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Stephens Consulting LLC grew its holdings in Invesco QQQ by 0.4% in the 4th quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock worth $2,769,000 after buying an additional 19 shares in the last quarter. Cardinal Point Capital Management ULC boosted its position in Invesco QQQ by 0.5% during the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock worth $1,995,000 after acquiring an additional 20 shares during the period. Hoese & Co LLP grew its stake in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares in the last quarter. Farmers & Merchants Investments Inc. increased its holdings in shares of Invesco QQQ by 1.9% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 1,093 shares of the exchange traded fund’s stock valued at $559,000 after purchasing an additional 20 shares during the period. Finally, RAM Investment Partners LLC raised its stake in shares of Invesco QQQ by 1.7% during the fourth quarter. RAM Investment Partners LLC now owns 1,167 shares of the exchange traded fund’s stock valued at $597,000 after purchasing an additional 20 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 2.4 %

QQQ stock opened at $479.66 on Friday. The company has a 50-day simple moving average of $514.89 and a 200 day simple moving average of $503.85. The company has a market capitalization of $302.59 billion, a P/E ratio of 30.74 and a beta of 1.11. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81.

Invesco QQQ Announces Dividend

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