J2 Capital Management Inc Acquires Shares of 1,178 Invesco QQQ (NASDAQ:QQQ)

J2 Capital Management Inc purchased a new position in Invesco QQQ (NASDAQ:QQQ) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,178 shares of the exchange traded fund’s stock, valued at approximately $602,000.

Other hedge funds also recently bought and sold shares of the company. Legacy Bridge LLC raised its stake in shares of 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 last quarter. BNP Paribas bought a new stake in Invesco QQQ during the third quarter valued at approximately $62,000. Brooklyn Investment Group bought a new stake in shares of Invesco QQQ during the 4th quarter valued at $69,000. Ritter Daniher Financial Advisory LLC DE lifted its position 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 valued at $71,000 after purchasing an additional 63 shares in the last quarter. Finally, Pacifica Partners Inc. bought a new stake in Invesco QQQ during the fourth quarter valued at about $73,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $521.74 on Monday. Invesco QQQ has a 12-month low of $409.16 and a 12-month high of $539.15. The firm has a 50 day moving average of $515.94 and a 200 day moving average of $492.11.

Invesco QQQ Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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.