Invesco QQQ $QQQ Shares Purchased by Hobart Private Capital LLC

Hobart Private Capital LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 102.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,991 shares of the exchange traded fund’s stock after acquiring an additional 1,008 shares during the period. Hobart Private Capital LLC’s holdings in Invesco QQQ were worth $1,223,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Goodman Advisory Group LLC purchased a new stake in Invesco QQQ during the 3rd quarter worth approximately $25,000. Shcp LLC purchased a new stake in Invesco QQQ during the 3rd quarter worth approximately $27,000. Navigoe LLC increased its holdings in Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 45 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Invesco QQQ during the 3rd quarter worth approximately $40,000. Finally, PayPay Securities Corp increased its holdings in Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 30 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

More Invesco QQQ News

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

Invesco QQQ Stock Performance

QQQ stock opened at $648.85 on Friday. Invesco QQQ has a 52-week low of $427.93 and a 52-week high of $650.00. The stock’s 50 day moving average is $601.69 and its two-hundred day moving average is $610.74.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.7328 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.5%.

Invesco QQQ Company 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

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

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