Moisand Fitzgerald Tamayo LLC Grows Stake in Invesco QQQ (NASDAQ:QQQ)

Moisand Fitzgerald Tamayo LLC boosted its position in Invesco QQQ (NASDAQ:QQQ) by 70.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 501 shares of the exchange traded fund’s stock after purchasing an additional 207 shares during the period. Moisand Fitzgerald Tamayo LLC’s holdings in Invesco QQQ were worth $256,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Stephens Consulting LLC raised its holdings in Invesco QQQ by 0.4% during the fourth quarter. Stephens Consulting LLC now owns 5,416 shares of the exchange traded fund’s stock worth $2,769,000 after purchasing an additional 19 shares in the last quarter. Northeast Investment Management raised its holdings in Invesco QQQ by 0.6% during the third quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock worth $1,697,000 after purchasing an additional 20 shares in the last quarter. Planning Capital Management Corp raised its holdings in Invesco QQQ by 7.1% during the third quarter. Planning Capital Management Corp now owns 300 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 20 shares in the last quarter. Cardinal Point Capital Management ULC raised its holdings in Invesco QQQ by 0.5% during the fourth quarter. Cardinal Point Capital Management ULC now owns 3,902 shares of the exchange traded fund’s stock worth $1,995,000 after purchasing an additional 20 shares in the last quarter. Finally, Hoese & Co LLP raised its holdings in Invesco QQQ by 32.3% during the fourth quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $526.08 on Monday. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $540.81. The stock’s 50 day moving average price is $523.39 and its 200 day moving average price is $501.59.

Invesco QQQ Dividend Announcement

The business also recently declared 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.

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.