Cerity Partners LLC Acquires 20,541 Shares of Invesco QQQ $QQQ

Cerity Partners LLC grew its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 2.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 751,154 shares of the exchange traded fund’s stock after buying an additional 20,541 shares during the quarter. Invesco QQQ makes up approximately 0.7% of Cerity Partners LLC’s investment portfolio, making the stock its 23rd largest holding. Cerity Partners LLC’s holdings in Invesco QQQ were worth $461,442,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco QQQ by 11.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after purchasing an additional 375,581 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Invesco QQQ by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,071,021 shares of the exchange traded fund’s stock valued at $1,843,749,000 after purchasing an additional 8,038 shares during the period. Analyst IMS Investment Management Services Ltd. raised its position in shares of Invesco QQQ by 68.6% in the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after purchasing an additional 712,026 shares during the period. US Bancorp DE raised its position in shares of Invesco QQQ by 0.5% in the third quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock valued at $827,346,000 after purchasing an additional 7,378 shares during the period. Finally, Maxi Investments CY Ltd raised its position in shares of Invesco QQQ by 8.1% in the third quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock valued at $741,457,000 after purchasing an additional 92,700 shares during the period. Institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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Invesco QQQ Price Performance

NASDAQ QQQ opened at $716.07 on Tuesday. The company’s 50 day moving average is $669.76 and its 200-day moving average is $632.15. Invesco QQQ has a 12-month low of $523.65 and a 12-month high of $748.65.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued 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.

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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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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