Duncker Streett & Co. Inc. Buys 50 Shares of Invesco QQQ (NASDAQ:QQQ)

Duncker Streett & Co. Inc. grew its stake in Invesco QQQ (NASDAQ:QQQ) by 2.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,842 shares of the exchange traded fund’s stock after purchasing an additional 50 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Invesco QQQ were worth $942,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. SOA Wealth Advisors LLC. increased its stake in shares of Invesco QQQ by 0.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock worth $8,477,000 after acquiring an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC increased its stake in shares of Invesco QQQ by 13.6% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock worth $7,553,000 after acquiring an additional 1,854 shares in the last quarter. Campbell Wealth Management increased its stake in shares of Invesco QQQ by 1.8% in the 3rd quarter. Campbell Wealth Management now owns 161,909 shares of the exchange traded fund’s stock worth $79,023,000 after acquiring an additional 2,848 shares in the last quarter. Juniper Hill Capital Management LP bought a new position in shares of Invesco QQQ in the 3rd quarter worth about $16,890,000. Finally, Weatherly Asset Management L. P. increased its stake in shares of Invesco QQQ by 7.5% in the 3rd quarter. Weatherly Asset Management L. P. now owns 2,067 shares of the exchange traded fund’s stock worth $1,010,000 after acquiring an additional 144 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $508.30 on Friday. The company has a 50-day moving average of $522.05 and a 200 day moving average of $503.28. The firm has a market cap of $320.36 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81.

Invesco QQQ Dividend Announcement

The company 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 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.