Shrier Wealth Management LLC Invests $1.08 Million in Invesco QQQ $QQQ

Shrier Wealth Management LLC acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,753 shares of the exchange traded fund’s stock, valued at approximately $1,077,000.

A number of other large investors also recently bought and sold shares of the business. Fifth Third Securities Inc. boosted its position in Invesco QQQ by 2.6% during the third quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after purchasing an additional 2,822 shares in the last quarter. SK Wealth Management LLC bought a new position in Invesco QQQ in the third quarter worth about $803,000. Corepath Wealth Partners LLC lifted its position in shares of Invesco QQQ by 19.7% during the fourth quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock valued at $5,471,000 after buying an additional 1,436 shares during the last quarter. Great Point Wealth Advisors LLC purchased a new stake in shares of Invesco QQQ during the third quarter valued at about $507,000. Finally, Strengthening Families & Communities LLC bought a new stake in shares of Invesco QQQ in the 3rd quarter valued at about $10,771,000. Institutional investors own 44.58% of the company’s stock.

Key Invesco QQQ News

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Stock Up 3.4%

Shares of Invesco QQQ stock opened at $577.10 on Wednesday. The firm’s 50 day moving average price is $604.19 and its 200-day moving average price is $609.56. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.7328 dividend. This represents a $2.93 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, March 23rd.

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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