New York State Common Retirement Fund Boosts Holdings in Invesco QQQ (NASDAQ:QQQ)

New York State Common Retirement Fund raised its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 8.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,560 shares of the exchange traded fund’s stock after purchasing an additional 1,406 shares during the quarter. New York State Common Retirement Fund’s holdings in Invesco QQQ were worth $6,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of QQQ. Ironwood Wealth Management LLC. lifted its holdings in shares of Invesco QQQ by 7.4% in the 1st quarter. Ironwood Wealth Management LLC. now owns 5,505 shares of the exchange traded fund’s stock worth $1,996,000 after acquiring an additional 381 shares during the last quarter. Axiom Financial Strategies LLC increased its stake in shares of Invesco QQQ by 11.6% in the first quarter. Axiom Financial Strategies LLC now owns 816 shares of the exchange traded fund’s stock worth $255,000 after buying an additional 85 shares during the period. Roundview Capital LLC increased its position in Invesco QQQ by 0.9% during the 1st quarter. Roundview Capital LLC now owns 53,323 shares of the exchange traded fund’s stock valued at $19,332,000 after purchasing an additional 495 shares during the period. Brown Brothers Harriman & Co. increased its position in Invesco QQQ by 11.2% during the 1st quarter. Brown Brothers Harriman & Co. now owns 2,750 shares of the exchange traded fund’s stock valued at $997,000 after purchasing an additional 278 shares during the period. Finally, Covestor Ltd increased its position in Invesco QQQ by 309.2% during the 1st quarter. Covestor Ltd now owns 446 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 337 shares during the period. 43.95% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $437.05 on Friday. The company’s fifty day simple moving average is $410.75 and its two-hundred day simple moving average is $384.30. Invesco QQQ has a 12-month low of $285.19 and a 12-month high of $437.85.

Invesco QQQ Announces Dividend

The firm also recently declared a None dividend, which was paid on Monday, January 15th. Investors of record on Thursday, December 28th were paid a $0.2158 dividend. The ex-dividend date of this dividend was Wednesday, December 27th.

Invesco QQQ Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.