GHP Investment Advisors Inc. Buys 57 Shares of Invesco QQQ (NASDAQ:QQQ)

GHP Investment Advisors Inc. raised its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,233 shares of the exchange traded fund’s stock after buying an additional 57 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Invesco QQQ were worth $1,653,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in QQQ. Hoese & Co LLP grew its position in Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 20 shares during the last quarter. Legacy Bridge LLC lifted its stake in shares of Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 45 shares in the last quarter. BNP Paribas purchased a new stake in shares of Invesco QQQ during the third quarter valued at approximately $62,000. Brooklyn Investment Group bought a new stake in shares of Invesco QQQ during the fourth quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE raised its holdings in 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 worth $71,000 after acquiring an additional 63 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 1.3 %

Shares of QQQ opened at $522.92 on Friday. The business’s fifty day simple moving average is $521.00 and its two-hundred day simple moving average is $495.29. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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.

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.