86,575 Shares in Invesco QQQ (NASDAQ:QQQ) Acquired by Humankind Investments LLC

Humankind Investments LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 86,575 shares of the exchange traded fund’s stock, valued at approximately $44,260,000. Invesco QQQ accounts for 11.3% of Humankind Investments LLC’s investment portfolio, making the stock its 2nd biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. PayPay Securities Corp boosted its position in shares of Invesco QQQ by 276.9% in the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 36 shares during the period. Bridge Generations Wealth Management LLC bought a new stake in shares of Invesco QQQ in the fourth quarter valued at approximately $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Invesco QQQ during the fourth quarter worth approximately $36,000. Roxbury Financial LLC bought a new position in Invesco QQQ during the 4th quarter worth $37,000. Finally, Hoese & Co LLP raised its holdings in Invesco QQQ by 32.3% in 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. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

QQQ opened at $488.05 on Friday. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $540.81. The firm has a market cap of $305.84 billion, a P/E ratio of 28.58 and a beta of 1.11. The business’s fifty day moving average is $467.78 and its 200-day moving average is $499.31.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Monday, March 24th were given a dividend of $0.7157 per share. The ex-dividend date was Monday, March 24th.

About Invesco QQQ

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.