8,826 Shares in Invesco QQQ $QQQ Purchased by Evolve Private Wealth LLC

Evolve Private Wealth LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 8,826 shares of the exchange traded fund’s stock, valued at approximately $5,422,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goodman Advisory Group LLC acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth about $25,000. University of Texas Texas AM Investment Management Co. acquired a new position in Invesco QQQ in the 4th quarter valued at about $25,000. Shcp LLC acquired a new position in Invesco QQQ in the 3rd quarter valued at about $27,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 43 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC acquired a new position in Invesco QQQ in the 4th quarter valued at about $29,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.0%

NASDAQ QQQ opened at $722.51 on Thursday. The stock has a 50-day moving average of $689.67 and a two-hundred day moving average of $637.91. Invesco QQQ has a 1-year low of $523.65 and a 1-year high of $748.65.

Invesco QQQ Cuts Dividend

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

Key Stories Impacting Invesco QQQ

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

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

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