Sloy Dahl & Holst LLC Has $330,000 Stock Position in Invesco QQQ (NASDAQ:QQQ)

Sloy Dahl & Holst LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 646 shares of the exchange traded fund’s stock after buying an additional 37 shares during the period. Sloy Dahl & Holst LLC’s holdings in Invesco QQQ were worth $330,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. GAMMA Investing LLC raised its stake in Invesco QQQ by 21.7% during the third quarter. GAMMA Investing LLC now owns 1,290 shares of the exchange traded fund’s stock worth $630,000 after buying an additional 230 shares during the last quarter. Bricktown Capital LLC raised its stake in Invesco QQQ by 314.3% during the third quarter. Bricktown Capital LLC now owns 3,849 shares of the exchange traded fund’s stock worth $1,879,000 after buying an additional 2,920 shares during the last quarter. WealthBridge Capital Management LLC raised its stake in Invesco QQQ by 10.9% during the third quarter. WealthBridge Capital Management LLC now owns 22,180 shares of the exchange traded fund’s stock worth $10,825,000 after buying an additional 2,188 shares during the last quarter. Smith Anglin Financial LLC raised its stake in Invesco QQQ by 3.2% during the third quarter. Smith Anglin Financial LLC now owns 7,070 shares of the exchange traded fund’s stock worth $3,451,000 after buying an additional 221 shares during the last quarter. Finally, Consilio Wealth Advisors LLC raised its stake in Invesco QQQ by 0.8% during the third quarter. Consilio Wealth Advisors LLC now owns 34,062 shares of the exchange traded fund’s stock worth $16,625,000 after buying an additional 285 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $518.11 on Tuesday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The firm has a fifty day simple moving average of $519.55 and a 200 day simple moving average of $494.20.

Invesco QQQ Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.8347 per share. The ex-dividend date was Monday, December 23rd.

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.