Pallas Capital Advisors LLC Has $7.66 Million Holdings in Invesco QQQ (NASDAQ:QQQ)

Pallas Capital Advisors LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,980 shares of the exchange traded fund’s stock after purchasing an additional 36 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Invesco QQQ were worth $7,658,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Legacy Bridge LLC boosted 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 purchasing an additional 45 shares during the period. BNP Paribas acquired a new stake in shares of Invesco QQQ in the third quarter valued at approximately $62,000. Ritter Daniher Financial Advisory LLC DE boosted 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 valued at $71,000 after buying an additional 63 shares during the period. Providence Capital Advisors LLC bought a new stake in shares of Invesco QQQ in the second quarter valued at approximately $76,000. Finally, Ashton Thomas Securities LLC acquired a new stake in Invesco QQQ during the third quarter worth approximately $91,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.3 %

Shares of NASDAQ QQQ opened at $505.56 on Tuesday. The business has a fifty day moving average price of $515.32 and a two-hundred day moving average price of $491.29. Invesco QQQ has a fifty-two week low of $402.92 and a fifty-two week high of $539.15.

Invesco QQQ Announces Dividend

The business also recently declared 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 Company 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.