Matauro LLC Invests $4.90 Million in Invesco QQQ (NASDAQ:QQQ)

Matauro LLC purchased a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 9,590 shares of the exchange traded fund’s stock, valued at approximately $4,903,000. Invesco QQQ makes up approximately 1.1% of Matauro LLC’s portfolio, making the stock its 20th biggest position.

Several other large investors also recently made changes to their positions in the stock. Variant Private Wealth LLC acquired a new position in shares of Invesco QQQ during the 4th quarter worth about $553,000. Bell Bank lifted its position in shares of Invesco QQQ by 112.7% during the 4th quarter. Bell Bank now owns 381,080 shares of the exchange traded fund’s stock worth $194,820,000 after purchasing an additional 201,918 shares during the last quarter. Greystone Financial Group LLC lifted its position in shares of Invesco QQQ by 24.8% during the 4th quarter. Greystone Financial Group LLC now owns 6,579 shares of the exchange traded fund’s stock worth $3,363,000 after purchasing an additional 1,308 shares during the last quarter. Dahring Cusmano LLC acquired a new position in shares of Invesco QQQ during the 4th quarter worth about $318,000. Finally, VisionPoint Advisory Group LLC acquired a new position in shares of Invesco QQQ during the 4th quarter worth about $3,899,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 2.1 %

Invesco QQQ stock opened at $526.08 on Friday. The business has a 50 day moving average price of $523.39 and a two-hundred day moving average price of $500.70. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81.

Invesco QQQ Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.8347 dividend. 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.