Tilia Fiduciary Partners Inc. Purchases 81 Shares of Invesco QQQ (NASDAQ:QQQ)

Tilia Fiduciary Partners Inc. raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 8.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,065 shares of the exchange traded fund’s stock after purchasing an additional 81 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in Invesco QQQ were worth $545,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of QQQ. Legacy Bridge LLC grew its position in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 45 shares during the period. BNP Paribas purchased a new position in shares of Invesco QQQ in the 3rd quarter worth $62,000. Ritter Daniher Financial Advisory LLC DE grew its holdings 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 acquiring an additional 63 shares during the period. Providence Capital Advisors LLC purchased a new stake in Invesco QQQ during the second quarter valued at $76,000. Finally, Ashton Thomas Securities LLC bought a new position in Invesco QQQ in the third quarter valued at about $91,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ traded down $7.64 on Friday, reaching $507.63. The company’s stock had a trading volume of 39,636,068 shares, compared to its average volume of 34,206,148. The stock’s 50 day simple moving average is $514.52 and its two-hundred day simple moving average is $490.73. Invesco QQQ has a 12-month low of $402.92 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. Stockholders 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.