Chicago Partners Investment Group LLC Acquires 75 Shares of Invesco QQQ (NASDAQ:QQQ)

Chicago Partners Investment Group LLC raised its stake in Invesco QQQ (NASDAQ:QQQ) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,013 shares of the exchange traded fund’s stock after purchasing an additional 75 shares during the period. Chicago Partners Investment Group LLC’s holdings in Invesco QQQ were worth $17,526,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of QQQ. AQR Capital Management LLC lifted its position in Invesco QQQ by 332.0% during the second quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund’s stock worth $5,769,000 after acquiring an additional 9,254 shares during the last quarter. Unique Wealth LLC bought a new position in shares of Invesco QQQ during the third quarter worth approximately $460,000. Farmers Trust Co. lifted its holdings in Invesco QQQ by 25.0% during the 3rd quarter. Farmers Trust Co. now owns 13,604 shares of the exchange traded fund’s stock worth $6,640,000 after purchasing an additional 2,717 shares during the last quarter. Trinity Financial Advisors LLC boosted its stake in Invesco QQQ by 9.9% in the 3rd quarter. Trinity Financial Advisors LLC now owns 789 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 71 shares during the period. Finally, Delta Financial Group Inc. increased its position in Invesco QQQ by 15.7% during the 3rd quarter. Delta Financial Group Inc. now owns 2,520 shares of the exchange traded fund’s stock worth $1,230,000 after buying an additional 342 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $522.29 on Friday. The company’s 50 day moving average price is $519.22 and its two-hundred day moving average price is $493.95. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15.

Invesco QQQ Dividend Announcement

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