Invesco QQQ (NASDAQ:QQQ) Shares Bought by Empirical Asset Management LLC

Empirical Asset Management LLC lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 15,676.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,883 shares of the exchange traded fund’s stock after acquiring an additional 201,597 shares during the quarter. Invesco QQQ makes up approximately 3.0% of Empirical Asset Management LLC’s portfolio, making the stock its 6th biggest position. Empirical Asset Management LLC’s holdings in Invesco QQQ were worth $103,720,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Bridge LLC grew its holdings in Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 45 shares during the last quarter. BNP Paribas acquired a new position in shares of Invesco QQQ during the third quarter worth $62,000. Ritter Daniher Financial Advisory LLC DE grew its stake in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. Pacifica Partners Inc. acquired a new stake in Invesco QQQ in the fourth quarter valued at $73,000. Finally, Providence Capital Advisors LLC bought a new position in Invesco QQQ during the 2nd quarter worth $76,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.7 %

Shares of QQQ opened at $521.74 on Friday. The stock’s 50-day moving average price is $515.79 and its two-hundred day moving average price is $491.80. Invesco QQQ has a 12 month low of $409.16 and a 12 month high of $539.15.

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 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.