Crewe Advisors LLC Has $9.74 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Crewe Advisors LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 0.4% in the fourth quarter, HoldingsChannel reports. The firm owned 19,054 shares of the exchange traded fund’s stock after purchasing an additional 85 shares during the period. Invesco QQQ accounts for 1.3% of Crewe Advisors LLC’s holdings, making the stock its 19th biggest position. Crewe Advisors LLC’s holdings in Invesco QQQ were worth $9,741,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hoese & Co LLP raised its holdings in Invesco QQQ by 32.3% in the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 20 shares during the period. Legacy Bridge LLC increased its position in 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 purchasing an additional 45 shares during the period. BNP Paribas bought a new position in Invesco QQQ in the third quarter valued at approximately $62,000. Brooklyn Investment Group acquired a new position in Invesco QQQ during the fourth quarter valued at approximately $69,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its holdings in Invesco QQQ by 75.9% during the third 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 in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.5 %

QQQ opened at $526.85 on Thursday. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The business’s 50-day simple moving average is $520.08 and its 200 day simple moving average is $494.82.

Invesco QQQ Announces Dividend

The business 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.

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.