Tilia Fiduciary Partners Inc. Has $638,000 Stock Position in Invesco QQQ (NASDAQ:QQQ)

Tilia Fiduciary Partners Inc. increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 27.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,361 shares of the exchange traded fund’s stock after purchasing an additional 296 shares during the period. Tilia Fiduciary Partners Inc.’s holdings in Invesco QQQ were worth $638,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Proficio Capital Partners LLC grew its stake in Invesco QQQ by 51,292.3% in the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock valued at $5,879,434,000 after acquiring an additional 11,478,188 shares during the period. Ameriprise Financial Inc. grew its stake in Invesco QQQ by 20.2% in the fourth quarter. Ameriprise Financial Inc. now owns 4,500,368 shares of the exchange traded fund’s stock valued at $2,300,993,000 after acquiring an additional 756,990 shares during the period. PNC Financial Services Group Inc. grew its stake in Invesco QQQ by 0.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,116,706 shares of the exchange traded fund’s stock valued at $1,593,354,000 after acquiring an additional 27,115 shares during the period. Commonwealth Equity Services LLC grew its stake in Invesco QQQ by 2.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,425,300 shares of the exchange traded fund’s stock valued at $1,239,886,000 after acquiring an additional 52,235 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its stake in Invesco QQQ by 34.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,199,820 shares of the exchange traded fund’s stock valued at $1,124,614,000 after acquiring an additional 568,120 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.0%

QQQ stock opened at $529.92 on Friday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $540.81. The stock’s 50 day moving average is $483.20 and its 200-day moving average is $501.87. The firm has a market capitalization of $332.07 billion, a PE ratio of 32.66 and a beta of 1.11.

Invesco QQQ Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th were issued a $0.7157 dividend. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco QQQ

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.