Baron Silver Stevens Financial Advisors LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 28.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,182 shares of the exchange traded fund’s stock after purchasing an additional 259 shares during the period. Baron Silver Stevens Financial Advisors LLC’s holdings in Invesco QQQ were worth $604,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the stock. Hoese & Co LLP grew its stake in shares of Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 20 shares in the last quarter. Legacy Bridge LLC lifted its stake 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 last quarter. BNP Paribas bought a new stake in Invesco QQQ in the third quarter worth approximately $62,000. Brooklyn Investment Group acquired a new position in shares of Invesco QQQ during the 4th quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE raised its holdings in shares of Invesco QQQ by 75.9% during the 3rd 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 in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Stock Up 0.2 %
QQQ stock opened at $532.64 on Friday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The company has a fifty day simple moving average of $516.72 and a 200 day simple moving average of $492.81.
Invesco QQQ Announces Dividend
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.
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