Brueske Advisory Services LLC Acquires Shares of 9,716 Invesco QQQ (NASDAQ:QQQ)

Brueske Advisory Services LLC purchased a new position in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 9,716 shares of the exchange traded fund’s stock, valued at approximately $4,967,000. Invesco QQQ comprises about 4.4% of Brueske Advisory Services LLC’s investment portfolio, making the stock its 8th biggest holding.

Other hedge funds have also bought and sold shares of the company. Proficio Capital Partners LLC raised its holdings in shares of Invesco QQQ by 51,292.3% during the 4th quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock worth $5,879,434,000 after acquiring an additional 11,478,188 shares in the last quarter. Strategic Financial Concepts LLC grew its position in Invesco QQQ by 47,853.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after acquiring an additional 4,105,389 shares during the last quarter. Artemis Wealth Advisors LLC grew its position in Invesco QQQ by 1,337.4% in the 4th quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund’s stock valued at $423,470,000 after acquiring an additional 895,277 shares during the last quarter. Toronto Dominion Bank grew its position in Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock valued at $2,080,052,000 after acquiring an additional 488,815 shares during the last quarter. Finally, Cibc World Market Inc. grew its position in shares of Invesco QQQ by 90.0% during the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after buying an additional 324,948 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.2 %

QQQ opened at $514.56 on Thursday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $540.81. The business’s fifty day simple moving average is $522.53 and its 200-day simple moving average is $502.62. The company has a market capitalization of $324.30 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11.

Invesco QQQ Dividend Announcement

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