Tue Mar 04 15:30:00 UTC 2025: **Several Institutional Investors Adjust Stakes in Invesco QQQ (QQQ)**

**Sioux Falls, SD – February 21, 2024** – Several institutional investors made significant changes to their holdings of Invesco QQQ (QQQ) during the fourth quarter of 2023, according to recent SEC filings. Synergy Investment Management LLC initiated a new position, acquiring 1,415 shares valued at approximately $723,000. Other notable adjustments included a 276.9% increase by PayPay Securities Corp (now holding 49 shares), a new position by Roxbury Financial LLC worth approximately $37,000, a 32.3% increase by Hoese & Co LLP (now holding 82 shares), and a new position by Midwest Capital Advisors LLC valued at $51,000. Legacy Bridge LLC also increased its holdings by 60% during the third quarter. Currently, institutional investors own 44.58% of QQQ.

Invesco QQQ, which tracks the Nasdaq-100 Index, opened at $497.05 on Tuesday. The stock has a 12-month low of $413.07 and a 12-month high of $540.81. It also recently paid a dividend of $0.8347 per share. QQQ boasts a market cap of $313.27 billion, a P/E ratio of 33.43, and a beta of 1.11. While analysts currently hold a “Hold” rating on the stock, MarketBeat suggests readers consult their research for alternative investment opportunities.

**Note:** This news article is based on information from MarketBeat and may not include all relevant details. Consult financial professionals before making investment decisions.

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