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Lafayette Investments Inc. boosted their holdings in Invesco QQQ ETF to over $940 million.
Lafayette Investments Inc. recently bought $303,000 worth of Invesco QQQ (QQQ) shares, increasing their total holdings to over $940 million.
QQQ, which tracks the Nasdaq-100 Index, saw a 0.8% rise in the fourth quarter.
Institutional investors hold 44.58% of the stock.
The ETF will pay a dividend of $0.7157 on April 30th to shareholders of record as of March 24th.
Other firms like AGP Franklin LLC and Mariner LLC have also increased their holdings in related ETFs.
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Lafayette Investments Inc. aumentó sus tenencias en Invesco QQQ ETF a más de $940 millones.