Invesco QQQ (NASDAQ:QQQ) Holdings Lifted by Global Assets Advisory LLC

Global Assets Advisory LLC increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 208.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,642 shares of the exchange traded fund’s stock after acquiring an additional 18,667 shares during the period. Invesco QQQ comprises about 2.3% of Global Assets Advisory LLC’s holdings, making the stock its 8th largest holding. Global Assets Advisory LLC’s holdings in Invesco QQQ were worth $12,483,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC boosted its holdings in shares of Invesco QQQ by 51,292.3% during the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund’s stock worth $5,879,434,000 after purchasing an additional 11,478,188 shares during the period. NWI Management LP boosted its stake in shares of Invesco QQQ by 121.6% during the 4th quarter. NWI Management LP now owns 648,000 shares of the exchange traded fund’s stock valued at $331,277,000 after buying an additional 3,648,000 shares during the period. GAMMA Investing LLC boosted its stake in shares of Invesco QQQ by 55,795.2% during the 1st quarter. GAMMA Investing LLC now owns 1,871,929 shares of the exchange traded fund’s stock valued at $8,777,850,000 after buying an additional 1,868,580 shares during the period. Senator Investment Group LP purchased a new position in shares of Invesco QQQ during the 4th quarter valued at $679,936,000. Finally, Asset Planning Services Inc. LA ADV increased its stake in shares of Invesco QQQ by 100,517.9% in the first quarter. Asset Planning Services Inc. LA ADV now owns 932,728 shares of the exchange traded fund’s stock worth $437,375,000 after acquiring an additional 931,801 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 1.5%

Shares of NASDAQ:QQQ opened at $539.78 on Wednesday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $540.81. The business has a fifty day simple moving average of $503.69 and a 200 day simple moving average of $503.45.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 23rd will be given a $0.5911 dividend. This represents a $2.36 annualized dividend and a yield of 0.44%. The ex-dividend date is Monday, June 23rd.

Invesco QQQ Profile

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.