William Allan Corp Purchases Shares of 1,094 Invesco QQQ $QQQ

William Allan Corp acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,094 shares of the exchange traded fund’s stock, valued at approximately $672,000.

Several other hedge funds have also recently modified their holdings of QQQ. Carrera Capital Advisors grew its stake in shares of Invesco QQQ by 99.3% during the 4th quarter. Carrera Capital Advisors now owns 2,316 shares of the exchange traded fund’s stock worth $1,423,000 after purchasing an additional 1,154 shares during the period. Sovran Advisors LLC grew its stake in shares of Invesco QQQ by 8.0% during the 4th quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after purchasing an additional 1,340 shares during the period. Corepath Wealth Partners LLC grew its stake in shares of Invesco QQQ by 19.7% during the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after purchasing an additional 1,436 shares during the period. Cane Capital Partners LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $715,000. Finally, Coyle Financial Counsel LLC grew its stake in shares of Invesco QQQ by 4.9% during the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after purchasing an additional 2,035 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Stock Up 3.4%

Shares of NASDAQ QQQ opened at $717.12 on Friday. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65. The firm’s 50 day simple moving average is $678.17 and its 200-day simple moving average is $634.57.

Invesco QQQ Cuts Dividend

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

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

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