ORG Partners LLC Has $834,000 Stock Position in Invesco QQQ (NASDAQ:QQQ)

ORG Partners LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 9.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,631 shares of the exchange traded fund’s stock after purchasing an additional 146 shares during the quarter. ORG Partners LLC’s holdings in Invesco QQQ were worth $834,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Legacy Bridge LLC boosted its stake in Invesco QQQ by 60.0% in the 3rd 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 acquired a new stake in shares of Invesco QQQ in the third quarter worth $62,000. Ritter Daniher Financial Advisory LLC DE boosted its position in shares of Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after buying an additional 63 shares during the period. Providence Capital Advisors LLC acquired a new position in Invesco QQQ during the second quarter valued at $76,000. Finally, Ashton Thomas Securities LLC purchased a new stake in Invesco QQQ in the 3rd quarter worth about $91,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $507.63 on Friday. Invesco QQQ has a one year low of $402.92 and a one year high of $539.15. The business has a 50-day moving average price of $514.92 and a two-hundred day moving average price of $490.97.

Invesco QQQ Dividend Announcement

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 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.