SeaBridge Investment Advisors LLC Buys 96 Shares of Invesco QQQ (NASDAQ:QQQ)

SeaBridge Investment Advisors LLC increased its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 1.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,283 shares of the exchange traded fund’s stock after purchasing an additional 96 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in Invesco QQQ were worth $2,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Eagle Capital Management LLC lifted its holdings in Invesco QQQ by 0.3% in the fourth quarter. Eagle Capital Management LLC now owns 60,686 shares of the exchange traded fund’s stock worth $31,025,000 after buying an additional 185 shares during the period. Brighton Jones LLC lifted its holdings in Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after buying an additional 4,989 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after buying an additional 176 shares during the period. Natixis Advisors LLC lifted its holdings in Invesco QQQ by 8.6% in the fourth quarter. Natixis Advisors LLC now owns 29,939 shares of the exchange traded fund’s stock worth $15,306,000 after buying an additional 2,368 shares during the period. Finally, Tocqueville Asset Management L.P. lifted its holdings in Invesco QQQ by 195.4% in the fourth quarter. Tocqueville Asset Management L.P. now owns 9,188 shares of the exchange traded fund’s stock worth $4,697,000 after buying an additional 6,078 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ opened at $556.72 on Wednesday. Invesco QQQ has a one year low of $402.39 and a one year high of $560.80. The company has a 50-day simple moving average of $529.97 and a two-hundred day simple moving average of $506.17.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 23rd will be issued a $0.5911 dividend. The ex-dividend date is Monday, June 23rd. This represents a $2.36 annualized dividend and a yield of 0.42%.

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.

See Also

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

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