Institutional Investors Adjust Invesco QQQ Holdings
Several other institutional investors also made adjustments to their positions in Invesco QQQ. Bravias Capital Group LLC initiated a new position in the ETF during the fourth quarter, valued at about $1,694,000. Similarly, Wernau Asset Management Inc. acquired a new stake worth $353,000. Interactive Financial Advisors Inc. increased its stake by 5.2%, now holding 19,362 shares valued at $9,899,000, after adding 952 shares in the last quarter.
Gryphon Financial Partners LLC marginally increased its stake in the fund by 1.5%, now holding 3,272 shares worth $1,673,000 after purchasing 49 additional shares. Meanwhile, Meridian Wealth Management LLC expanded its position by 0.5%, acquiring 792 more shares, bringing its total holdings to 158,743 shares, worth approximately $81,154,000. Currently, hedge funds and institutional investors collectively own 44.58% of Invesco QQQ's stock.Invesco QQQ Performance and Market Trends
Several other institutional investors also made adjustments to their positions in Invesco QQQ. Bravias Capital Group LLC initiated a new position in the ETF during the fourth quarter, valued at about $1,694,000. Similarly, Wernau Asset Management Inc. acquired a new stake worth $353,000. Interactive Financial Advisors Inc. increased its stake by 5.2%, now holding 19,362 shares valued at $9,899,000, after adding 952 shares in the last quarter.
Gryphon Financial Partners LLC marginally increased its stake in the fund by 1.5%, now holding 3,272 shares worth $1,673,000 after purchasing 49 additional shares. Meanwhile, Meridian Wealth Management LLC expanded its position by 0.5%, acquiring 792 more shares, bringing its total holdings to 158,743 shares, worth approximately $81,154,000. Currently, hedge funds and institutional investors collectively own 44.58% of Invesco QQQ's stock.Invesco QQQ Performance and Market Trends
As of Monday, Invesco QQQ opened at $508.30, reflecting a 1.6% increase. Over the past twelve months, the ETF has seen a low of $413.07 and a high of $540.81. The fund currently has a market capitalization of $320.36 billion, a price-to-earnings (P/E) ratio of 33.43, and a beta of 1.11. The 50-day moving average for Invesco QQQ stands at $522.05, while its 200-day moving average is at $503.57.Dividend Payout and Investment Strategy
Recently, Invesco QQQ distributed a dividend to its stockholders, paying $0.8347 per share on December 31st. Investors who were recorded as stockholders by December 23rd were eligible for the payout, with an ex-dividend date of the same day.
Invesco QQQ, formally known as PowerShares QQQ Trust, Series 1, is a unit investment trust that aims to mirror the performance of the Nasdaq-100 Index. The fund provides investors with an opportunity to invest in a portfolio that closely follows the Nasdaq-100 Index’s securities and weightings.Should You Consider Investing in Invesco QQQ?
Before making any investment decisions, it’s crucial to analyze current market trends and expert recommendations. While Invesco QQQ currently has a "Hold" rating among analysts, financial research firms have identified five other stocks that they believe are better investment opportunities at this time.
For investors seeking exposure to top Nasdaq-listed companies, Invesco QQQ remains a strong contender. However, monitoring market fluctuations and expert insights can provide additional guidance on whether to buy, sell, or hold shares in this ETF.
This financial report was generated with insights from MarketBeat and reviewed by their editorial team.For further inquiries or comments, please contact MarketBeat at [email protected].
Several other institutional investors also made adjustments to their positions in Invesco QQQ. Bravias Capital Group LLC initiated a new position in the ETF during the fourth quarter, valued at about $1,694,000. Similarly, Wernau Asset Management Inc. acquired a new stake worth $353,000. Interactive Financial Advisors Inc. increased its stake by 5.2%, now holding 19,362 shares valued at $9,899,000, after adding 952 shares in the last quarter.
Gryphon Financial Partners LLC marginally increased its stake in the fund by 1.5%, now holding 3,272 shares worth $1,673,000 after purchasing 49 additional shares. Meanwhile, Meridian Wealth Management LLC expanded its position by 0.5%, acquiring 792 more shares, bringing its total holdings to 158,743 shares, worth approximately $81,154,000. Currently, hedge funds and institutional investors collectively own 44.58% of Invesco QQQ's stock.Invesco QQQ Performance and Market Trends
Several other institutional investors also made adjustments to their positions in Invesco QQQ. Bravias Capital Group LLC initiated a new position in the ETF during the fourth quarter, valued at about $1,694,000. Similarly, Wernau Asset Management Inc. acquired a new stake worth $353,000. Interactive Financial Advisors Inc. increased its stake by 5.2%, now holding 19,362 shares valued at $9,899,000, after adding 952 shares in the last quarter.
Gryphon Financial Partners LLC marginally increased its stake in the fund by 1.5%, now holding 3,272 shares worth $1,673,000 after purchasing 49 additional shares. Meanwhile, Meridian Wealth Management LLC expanded its position by 0.5%, acquiring 792 more shares, bringing its total holdings to 158,743 shares, worth approximately $81,154,000. Currently, hedge funds and institutional investors collectively own 44.58% of Invesco QQQ's stock.Invesco QQQ Performance and Market Trends
As of Monday, Invesco QQQ opened at $508.30, reflecting a 1.6% increase. Over the past twelve months, the ETF has seen a low of $413.07 and a high of $540.81. The fund currently has a market capitalization of $320.36 billion, a price-to-earnings (P/E) ratio of 33.43, and a beta of 1.11. The 50-day moving average for Invesco QQQ stands at $522.05, while its 200-day moving average is at $503.57.Dividend Payout and Investment Strategy
Recently, Invesco QQQ distributed a dividend to its stockholders, paying $0.8347 per share on December 31st. Investors who were recorded as stockholders by December 23rd were eligible for the payout, with an ex-dividend date of the same day.
Invesco QQQ, formally known as PowerShares QQQ Trust, Series 1, is a unit investment trust that aims to mirror the performance of the Nasdaq-100 Index. The fund provides investors with an opportunity to invest in a portfolio that closely follows the Nasdaq-100 Index’s securities and weightings.Should You Consider Investing in Invesco QQQ?
Before making any investment decisions, it’s crucial to analyze current market trends and expert recommendations. While Invesco QQQ currently has a "Hold" rating among analysts, financial research firms have identified five other stocks that they believe are better investment opportunities at this time.
For investors seeking exposure to top Nasdaq-listed companies, Invesco QQQ remains a strong contender. However, monitoring market fluctuations and expert insights can provide additional guidance on whether to buy, sell, or hold shares in this ETF.
This financial report was generated with insights from MarketBeat and reviewed by their editorial team.For further inquiries or comments, please contact MarketBeat at [email protected].
