Strategic Blueprint LLC Has $9.11 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Strategic Blueprint LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 4.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 17,816 shares of the exchange traded fund’s stock after purchasing an additional 691 shares during the period. Strategic Blueprint LLC’s holdings in Invesco QQQ were worth $9,108,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in QQQ. Hoese & Co LLP increased its holdings in shares of Invesco QQQ by 32.3% during the fourth 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 boosted its position in 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 purchased a new position in Invesco QQQ in the third quarter worth $62,000. Brooklyn Investment Group purchased a new position in Invesco QQQ in the fourth quarter worth $69,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its position in Invesco QQQ by 75.9% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 146 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 63 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

QQQ stock opened at $520.83 on Thursday. The stock’s fifty day simple moving average is $518.51 and its two-hundred day simple moving average is $493.56. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15.

Invesco QQQ Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ 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.