Invesco QQQ $QQQ Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 8.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 33,561 shares of the exchange traded fund’s stock after acquiring an additional 2,752 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Invesco QQQ were worth $20,617,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Goodman Advisory Group LLC purchased a new position in shares of Invesco QQQ in the 3rd quarter worth $25,000. Shcp LLC purchased a new stake in Invesco QQQ during the third quarter valued at about $27,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Invesco QQQ by 2,150.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 43 shares during the last quarter. Rachor Investment Advisory Services LLC acquired a new stake in Invesco QQQ during the fourth quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Invesco QQQ in the 3rd quarter worth about $40,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ News Roundup

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

Invesco QQQ Stock Up 1.6%

NASDAQ QQQ opened at $716.07 on Tuesday. Invesco QQQ has a 1-year low of $523.65 and a 1-year 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 firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given 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.

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.

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

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