Invesco QQQ $QQQ Stock Position Lifted by Mather Group LLC.

Mather Group LLC. lifted its position in Invesco QQQ (NASDAQ:QQQFree Report) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,422 shares of the exchange traded fund’s stock after acquiring an additional 2,191 shares during the quarter. Mather Group LLC.’s holdings in Invesco QQQ were worth $15,003,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. 1832 Asset Management L.P. lifted its stake in Invesco QQQ by 100.0% during the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock worth $1,167,000 after purchasing an additional 40,999,982 shares during the last quarter. HRT Financial LP increased its stake in Invesco QQQ by 118.3% during the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after purchasing an additional 1,704,600 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Invesco QQQ by 120.2% during the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after purchasing an additional 1,270,102 shares during the period. Japan Science & Technology Agency acquired a new stake in shares of Invesco QQQ during the third quarter worth $179,311,000. Finally, NorthRock Partners LLC lifted its position in shares of Invesco QQQ by 1,355.6% in the 3rd quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock worth $183,024,000 after buying an additional 283,909 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Key Stories Impacting Invesco QQQ

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

Invesco QQQ Stock Down 2.0%

NASDAQ QQQ opened at $562.58 on Friday. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01. The company has a 50-day simple moving average of $606.07 and a 200-day simple moving average of $609.40.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis 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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