860 Shares in Invesco QQQ $QQQ Bought by Shared Vision Wealth Group LLC

Shared Vision Wealth Group LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 860 shares of the exchange traded fund’s stock, valued at approximately $538,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QQQ. Brighton Jones LLC grew its holdings in Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after acquiring an additional 4,989 shares during the period. Revolve Wealth Partners LLC grew its holdings in Invesco QQQ by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after acquiring an additional 176 shares during the period. Jupiter Wealth Management LLC acquired a new position in Invesco QQQ during the second quarter worth $290,000. Wealth Group Ltd. grew its holdings in Invesco QQQ by 283.7% during the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after acquiring an additional 18,210 shares during the period. Finally, Invesco Ltd. grew its holdings in Invesco QQQ by 1,057.3% during the second quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock worth $18,239,000 after acquiring an additional 30,206 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Invesco QQQ News

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

Invesco QQQ Stock Down 4.8%

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

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued 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.

About Invesco QQQ

(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.

Further Reading

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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