Invesco QQQ $QQQ Stock Holdings Decreased by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors lowered its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 51.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,548 shares of the exchange traded fund’s stock after selling 26,924 shares during the period. Invesco QQQ makes up approximately 3.8% of Atlas Private Wealth Advisors’ portfolio, making the stock its 8th biggest holding. Atlas Private Wealth Advisors’ holdings in Invesco QQQ were worth $15,338,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of QQQ. Fifth Third Securities Inc. increased its stake in Invesco QQQ by 2.6% during the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock worth $65,959,000 after buying an additional 2,822 shares during the period. SK Wealth Management LLC purchased a new position in Invesco QQQ in the 3rd quarter valued at about $803,000. Great Point Wealth Advisors LLC acquired a new stake in shares of Invesco QQQ during the third quarter valued at about $507,000. BCGM Wealth Management LLC increased its position in shares of Invesco QQQ by 13.6% during the second quarter. BCGM Wealth Management LLC now owns 25,597 shares of the exchange traded fund’s stock worth $14,120,000 after acquiring an additional 3,066 shares during the last quarter. Finally, Gateway Investment Advisers LLC purchased a new stake in shares of Invesco QQQ during the third quarter worth about $2,086,000. 44.58% of the stock is owned by institutional investors and hedge funds.

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Invesco QQQ Trading Down 1.2%

NASDAQ:QQQ opened at $621.87 on Friday. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01. The business’s 50-day simple moving average is $619.83 and its 200 day simple moving average is $600.24.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a dividend of $0.7941 per share. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd. This represents a $3.18 annualized dividend and a dividend yield of 0.5%.

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.

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

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