Vista Investment Partners LLC Acquires 315 Shares of Invesco QQQ (NASDAQ:QQQ)

Vista Investment Partners LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 3.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,543 shares of the exchange traded fund’s stock after buying an additional 315 shares during the period. Invesco QQQ makes up approximately 1.4% of Vista Investment Partners LLC’s investment portfolio, making the stock its 25th largest position. Vista Investment Partners LLC’s holdings in Invesco QQQ were worth $4,368,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Hoese & Co LLP boosted its holdings in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. Legacy Bridge LLC lifted its holdings in Invesco QQQ by 60.0% in the third quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 45 shares during the period. BNP Paribas bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at about $62,000. Brooklyn Investment Group bought a new position in Invesco QQQ during the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE grew its stake in shares of Invesco QQQ by 75.9% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock valued at $71,000 after buying an additional 63 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $529.63 on Friday. Invesco QQQ has a 12-month low of $413.07 and a 12-month high of $539.15. The company has a fifty day simple moving average of $517.86 and a 200 day simple moving average of $493.31.

Invesco QQQ Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued 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.