Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,048 shares of the exchange traded fund’s stock after purchasing an additional 394 shares during the quarter. Invesco QQQ comprises approximately 4.6% of Lodestar Private Asset Management LLC’s investment portfolio, making the stock its 3rd biggest position. Lodestar Private Asset Management LLC’s holdings in Invesco QQQ were worth $36,833,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Hoese & Co LLP increased its position in shares of Invesco QQQ by 32.3% in the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares during the period. Legacy Bridge LLC increased its holdings in Invesco QQQ by 60.0% in the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares during the period. BNP Paribas acquired a new position in Invesco QQQ during the third quarter valued at approximately $62,000. Brooklyn Investment Group bought a new stake in Invesco QQQ during the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its holdings in shares of Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock opened at $529.60 on Friday. The firm has a 50-day moving average price of $520.51 and a 200-day moving average price of $495.05. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15.

Invesco QQQ Dividend Announcement

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