Invesco QQQ $QQQ is Wealth Quarterback LLC’s 2nd Largest Position

Wealth Quarterback LLC raised its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 30.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,557 shares of the exchange traded fund’s stock after acquiring an additional 8,970 shares during the quarter. Invesco QQQ makes up approximately 8.5% of Wealth Quarterback LLC’s investment portfolio, making the stock its 2nd largest position. Wealth Quarterback LLC’s holdings in Invesco QQQ were worth $23,686,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of QQQ. Goodman Advisory Group LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at approximately $25,000. Shcp LLC purchased a new stake in Invesco QQQ during the third quarter worth $27,000. Navigoe LLC grew its position in Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in Invesco QQQ during the third quarter valued at $40,000. Finally, PayPay Securities Corp increased its holdings in Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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Invesco QQQ Trading Down 0.8%

Shares of Invesco QQQ stock opened at $558.28 on Tuesday. The firm has a 50-day simple moving average of $604.81 and a two-hundred day simple moving average of $609.63. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a yield of 0.5%.

Invesco QQQ 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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