Roger Wittlin Investment Advisory LLC Acquires 339 Shares of Invesco QQQ (NASDAQ:QQQ)

Roger Wittlin Investment Advisory LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 3.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 10,629 shares of the exchange traded fund’s stock after purchasing an additional 339 shares during the period. Invesco QQQ accounts for 3.2% of Roger Wittlin Investment Advisory LLC’s investment portfolio, making the stock its 12th largest holding. Roger Wittlin Investment Advisory LLC’s holdings in Invesco QQQ were worth $4,354,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Barclays PLC lifted its holdings in shares of Invesco QQQ by 113.5% in the second quarter. Barclays PLC now owns 5,777,618 shares of the exchange traded fund’s stock worth $2,134,368,000 after buying an additional 48,423,350 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of Invesco QQQ by 156,045.1% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 43,491,085 shares of the exchange traded fund’s stock worth $11,580,806,000 after buying an additional 43,463,232 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Invesco QQQ by 10.0% in the fourth quarter. Morgan Stanley now owns 16,815,487 shares of the exchange traded fund’s stock worth $4,477,628,000 after buying an additional 1,533,114 shares in the last quarter. MML Investors Services LLC purchased a new position in shares of Invesco QQQ in the second quarter worth $298,069,000. Finally, Granite Bay Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 2,372.7% in the third quarter. Granite Bay Wealth Management LLC now owns 804,357 shares of the exchange traded fund’s stock worth $298,345,000 after buying an additional 771,827 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ stock traded down $3.84 during mid-day trading on Tuesday, hitting $441.11. The company had a trading volume of 44,157,742 shares, compared to its average volume of 44,876,992. Invesco QQQ has a 52-week low of $309.89 and a 52-week high of $449.34. The stock’s 50 day moving average price is $435.38 and its 200-day moving average price is $401.29.

Invesco QQQ Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be given a $0.5735 dividend. This represents a $2.29 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend is Monday, March 18th.

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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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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