David J Yvars Group Increases Stake in Invesco QQQ

David J Yvars Group has raised its investment in Invesco QQQ (NASDAQ:QQQ - Free Report) by 4.3% during the fourth quarter, based on the latest report submitted to the SEC. Following this increase, the institutional investor now holds 26,773 shares of the exchange-traded fund, having added 1,114 shares during the quarter. Invesco QQQ now constitutes roughly 8.3% of David J Yvars Group's entire investment portfolio, marking it as their second-largest position. As per the recent filing with the SEC, the value of David J Yvars Group's holdings in Invesco QQQ is approximately $13,687,000.

Recent Changes by Other Investors

In addition to David J Yvars Group, multiple other institutional investors have also adjusted their holdings in Invesco QQQ. For instance, Legacy Bridge LLC increased its stake in the fund by 60.0% during the third quarter, now owning 120 shares worth $59,000 after securing an additional 45 shares. Likewise, BNP Paribas established a new stake in Invesco QQQ in the previous quarter, valued at $62,000.

Furthermore, Ritter Daniher Financial Advisory LLC DE enhanced its position in Invesco QQQ by 75.9% during the third quarter, resulting in ownership of 146 shares valued at $71,000 after purchasing 63 more shares. Providence Capital Advisors LLC also purchased a new stake in the fund, estimably worth $76,000, while Ashton Thomas Securities LLC completed a new position worth $91,000 during the same quarter. Collectively, institutional investors hold approximately 44.58% of Invesco QQQ's stock.

Invesco QQQ Price Overview

On a recent trading day, shares of NASDAQ:QQQ opened at $505.08. The fund has a fifty-day simple moving average of $515.57 and a two-hundred-day simple moving average of $491.47. Over the past year, Invesco QQQ has fluctuated between a low of $402.92 and a high of $539.15.

Dividend Information

Invesco QQQ engaged in a recent dividend declaration, with payments made on December 31st. Shareholders on record as of December 23rd received a dividend of $0.8347. The ex-dividend date was also December 23rd.

About Invesco QQQ

The PowerShares QQQ Trust, Series 1 is a unit investment trust that offers Nasdaq-100 Index Tracking Stock. Its primary investment goal is to match the performance in price and yield of the Nasdaq-100 Index. This trust allows investors to buy units that represent a proportionate interest in the securities held by the trust, which closely mirrors the composition of the Nasdaq-100 Index.

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