Invesco QQQ $QQQ Stock Holdings Boosted by Pettyjohn Wood & White Inc.

Pettyjohn Wood & White Inc. boosted its position in Invesco QQQ (NASDAQ:QQQFree Report) by 3.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 25,519 shares of the exchange traded fund’s stock after purchasing an additional 819 shares during the period. Invesco QQQ comprises about 2.5% of Pettyjohn Wood & White Inc.’s portfolio, making the stock its 8th biggest holding. Pettyjohn Wood & White Inc.’s holdings in Invesco QQQ were worth $15,677,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of QQQ. SG Americas Securities LLC lifted its stake in Invesco QQQ by 120.2% in the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after purchasing an additional 1,270,102 shares during the last quarter. Analyst IMS Investment Management Services Ltd. lifted its stake in Invesco QQQ by 68.6% in the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after purchasing an additional 712,026 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in Invesco QQQ by 1,216.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 561,706 shares of the exchange traded fund’s stock valued at $345,070,000 after purchasing an additional 519,051 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco QQQ by 11.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after purchasing an additional 375,581 shares during the last quarter. Finally, NorthRock Partners LLC lifted its stake in Invesco QQQ by 1,355.6% in the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after purchasing an additional 283,909 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.6%

Invesco QQQ stock opened at $716.07 on Tuesday. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65. The business’s 50 day simple moving average is $669.76 and its 200 day simple moving average is $632.15.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.

Key Invesco QQQ News

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

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.

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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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