Invesco QQQ $QQQ Shares Bought by SMART Wealth LLC

SMART Wealth LLC raised its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 13.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,520 shares of the exchange traded fund’s stock after acquiring an additional 1,236 shares during the quarter. Invesco QQQ makes up 2.0% of SMART Wealth LLC’s portfolio, making the stock its 8th biggest holding. SMART Wealth LLC’s holdings in Invesco QQQ were worth $6,463,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Goodman Advisory Group LLC acquired a new position in shares of Invesco QQQ in the third quarter worth $25,000. Shcp LLC acquired a new position in shares of Invesco QQQ in the third quarter worth $27,000. Navigoe LLC raised its holdings in shares of Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 45 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of Invesco QQQ in the third quarter worth $40,000. Finally, PayPay Securities Corp raised its holdings in shares of Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Price Performance

NASDAQ QQQ opened at $648.85 on Friday. Invesco QQQ has a fifty-two week low of $427.93 and a fifty-two week high of $650.00. The business has a fifty day moving average of $601.69 and a 200-day moving average of $610.67.

Invesco QQQ Cuts Dividend

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

Recommended Stories

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)

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.