Bleakley Financial Group LLC Buys 3,807 Shares of Invesco QQQ (NASDAQ:QQQ)

Bleakley Financial Group LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,267 shares of the exchange traded fund’s stock after buying an additional 3,807 shares during the quarter. Invesco QQQ accounts for about 1.2% of Bleakley Financial Group LLC’s investment portfolio, making the stock its 15th largest position. Bleakley Financial Group LLC’s holdings in Invesco QQQ were worth $39,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. GAMMA Investing LLC raised its position in Invesco QQQ by 159.6% in the 4th quarter. GAMMA Investing LLC now owns 3,349 shares of the exchange traded fund’s stock worth $1,712,000 after purchasing an additional 2,059 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Invesco QQQ by 141.0% during the 3rd quarter. Principal Financial Group Inc. now owns 19,399 shares of the exchange traded fund’s stock worth $9,468,000 after buying an additional 11,351 shares during the period. Socha Financial Group LLC raised its stake in shares of Invesco QQQ by 2.4% during the third quarter. Socha Financial Group LLC now owns 91,650 shares of the exchange traded fund’s stock worth $44,732,000 after buying an additional 2,171 shares during the last quarter. NRI Wealth Management LC bought a new position in Invesco QQQ in the fourth quarter valued at approximately $28,729,000. Finally, Garden State Investment Advisory Services LLC grew its holdings in Invesco QQQ by 13.1% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 30,990 shares of the exchange traded fund’s stock worth $15,169,000 after acquiring an additional 3,581 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock opened at $526.85 on Thursday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The business’s fifty day moving average is $520.08 and its 200-day moving average is $494.82.

Invesco QQQ Dividend Announcement

The business 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 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.