2,085 Shares in Invesco QQQ (NASDAQ:QQQ) Acquired by Turning Point Benefit Group Inc.

Turning Point Benefit Group Inc. acquired a new position in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,085 shares of the exchange traded fund’s stock, valued at approximately $1,066,000. Invesco QQQ makes up 1.0% of Turning Point Benefit Group Inc.’s investment portfolio, making the stock its 13th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of QQQ. Stephens Consulting LLC lifted its position in shares of Invesco QQQ by 0.4% during the 4th quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock valued at $2,769,000 after buying an additional 19 shares in the last quarter. Northeast Investment Management lifted its position in shares of Invesco QQQ by 0.6% during the 3rd quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after buying an additional 20 shares in the last quarter. Planning Capital Management Corp lifted its position in shares of Invesco QQQ by 7.1% during the 3rd quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 20 shares in the last quarter. Cardinal Point Capital Management ULC lifted its position in shares of Invesco QQQ by 0.5% during the 4th quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock valued at $1,995,000 after buying an additional 20 shares in the last quarter. Finally, Hoese & Co LLP lifted its position in shares of 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 buying an additional 20 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Down 2.1 %

QQQ stock opened at $526.08 on Friday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The business’s 50-day moving average price is $523.39 and its 200-day moving average price is $500.70.

Invesco QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date was Monday, December 23rd.

About Invesco QQQ

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.