Invesco QQQ (NASDAQ:QQQ) is Cantor Fitzgerald Investment Advisors L.P.’s 4th Largest Position

Cantor Fitzgerald Investment Advisors L.P. grew its stake in Invesco QQQ (NASDAQ:QQQ) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 79,441 shares of the exchange traded fund’s stock after acquiring an additional 894 shares during the quarter. Invesco QQQ comprises about 2.8% of Cantor Fitzgerald Investment Advisors L.P.’s portfolio, making the stock its 4th biggest position. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Invesco QQQ were worth $40,613,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Hoese & Co LLP raised its holdings 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 buying an additional 20 shares during the last quarter. Legacy Bridge LLC increased its position in shares of 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 acquiring an additional 45 shares during the period. BNP Paribas purchased a new position in Invesco QQQ in the 3rd quarter worth $62,000. Brooklyn Investment Group acquired a new stake in Invesco QQQ during the 4th quarter worth about $69,000. Finally, Pacifica Partners Inc. purchased a new stake in Invesco QQQ during the 4th quarter valued at about $73,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 1.3 %

Shares of NASDAQ QQQ opened at $522.92 on Friday. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15. The business’s 50 day moving average price is $521.00 and its 200 day moving average price is $495.29.

Invesco QQQ Announces Dividend

The firm also recently announced 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 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.