Natixis Advisors LLC Has $15.31 Million Stake in Invesco QQQ (NASDAQ:QQQ)

Natixis Advisors LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 8.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,939 shares of the exchange traded fund’s stock after acquiring an additional 2,368 shares during the period. Natixis Advisors LLC’s holdings in Invesco QQQ were worth $15,306,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Financial Group Corp bought a new stake in Invesco QQQ during the fourth quarter worth $1,688,000. Family Firm Inc. grew its stake in shares of Invesco QQQ by 6.4% in the 4th quarter. Family Firm Inc. now owns 814 shares of the exchange traded fund’s stock worth $416,000 after acquiring an additional 49 shares in the last quarter. Copperwynd Financial LLC raised its holdings in shares of Invesco QQQ by 5.3% in the fourth quarter. Copperwynd Financial LLC now owns 54,458 shares of the exchange traded fund’s stock valued at $27,840,000 after purchasing an additional 2,763 shares during the last quarter. Greykasell Wealth Strategies Inc. purchased a new position in Invesco QQQ during the fourth quarter worth about $3,669,000. Finally, Maiden Cove Capital LLC grew its position in Invesco QQQ by 3.7% in the 4th quarter. Maiden Cove Capital LLC now owns 620 shares of the exchange traded fund’s stock worth $317,000 after purchasing an additional 22 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 1.7 %

Shares of NASDAQ QQQ opened at $474.54 on Wednesday. The company has a market capitalization of $299.08 billion, a PE ratio of 30.74 and a beta of 1.11. The stock’s 50 day moving average price is $513.24 and its 200-day moving average price is $504.15. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81.

Invesco QQQ Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.