Natixis Advisors LLC Increases Stake in Invesco QQQ $QQQ

Natixis Advisors LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 34,643 shares of the exchange traded fund’s stock after purchasing an additional 807 shares during the quarter. Natixis Advisors LLC’s holdings in Invesco QQQ were worth $21,282,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Carrera Capital Advisors lifted its holdings in shares of Invesco QQQ by 99.3% during the 4th quarter. Carrera Capital Advisors now owns 2,316 shares of the exchange traded fund’s stock worth $1,423,000 after acquiring an additional 1,154 shares during the period. Sovran Advisors LLC lifted its holdings in shares of Invesco QQQ by 8.0% during the 4th quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after acquiring an additional 1,340 shares during the period. Corepath Wealth Partners LLC lifted its holdings in shares of Invesco QQQ by 19.7% during the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after acquiring an additional 1,436 shares during the period. Cane Capital Partners LLC purchased a new position in shares of Invesco QQQ during the 4th quarter worth about $715,000. Finally, Coyle Financial Counsel LLC lifted its holdings in shares of Invesco QQQ by 4.9% during the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after acquiring an additional 2,035 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Trading Down 4.8%

Shares of QQQ stock opened at $705.06 on Friday. Invesco QQQ has a 1-year low of $523.65 and a 1-year high of $748.65. The firm’s 50-day simple moving average is $666.91 and its 200-day simple moving average is $631.12.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

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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