Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 9.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,505 shares of the exchange traded fund’s stock after purchasing an additional 6,681 shares during the quarter. Invesco QQQ comprises about 1.2% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 14th biggest holding. Wealthcare Advisory Partners LLC’s holdings in Invesco QQQ were worth $31,330,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC grew its stake in shares of Invesco QQQ by 40,957.3% in the 4th quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock valued at $11,602,698,000 after buying an additional 28,263,426 shares during the period. Comerica Bank bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at $140,657,000. Granite Bay Wealth Management LLC increased its holdings in shares of Invesco QQQ by 47.1% in the 4th quarter. Granite Bay Wealth Management LLC now owns 1,183,279 shares of the exchange traded fund’s stock worth $451,075,000 after buying an additional 378,922 shares during the last quarter. CHURCHILL MANAGEMENT Corp lifted its position in shares of Invesco QQQ by 36.3% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,413,069 shares of the exchange traded fund’s stock worth $578,680,000 after purchasing an additional 376,661 shares during the period. Finally, Cerity Partners LLC boosted its holdings in shares of Invesco QQQ by 77.2% in the 4th quarter. Cerity Partners LLC now owns 842,894 shares of the exchange traded fund’s stock valued at $345,182,000 after acquiring an additional 367,317 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.3 %

QQQ traded up $1.49 on Tuesday, hitting $441.74. 13,922,618 shares of the company were exchanged, compared to its average volume of 45,361,691. The firm has a 50-day moving average price of $436.61 and a two-hundred day moving average price of $413.39. Invesco QQQ has a twelve month low of $321.32 and a twelve month high of $449.34.

Invesco QQQ Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were given a $0.5735 dividend. This represents a $2.29 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Monday, March 18th.

About Invesco QQQ

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.