Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Obermeyer Wood Investment Counsel Lllp

Obermeyer Wood Investment Counsel Lllp grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 51.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,968 shares of the exchange traded fund’s stock after acquiring an additional 8,096 shares during the period. Obermeyer Wood Investment Counsel Lllp’s holdings in Invesco QQQ were worth $9,815,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Ironwood Wealth Management LLC. grew its stake in shares of Invesco QQQ by 7.4% during the first quarter. Ironwood Wealth Management LLC. now owns 5,505 shares of the exchange traded fund’s stock worth $1,996,000 after purchasing an additional 381 shares in the last quarter. Axiom Financial Strategies LLC increased its stake in shares of Invesco QQQ by 11.6% during the first quarter. Axiom Financial Strategies LLC now owns 816 shares of the exchange traded fund’s stock worth $255,000 after acquiring an additional 85 shares during the period. Roundview Capital LLC increased its stake in shares of Invesco QQQ by 0.9% during the first quarter. Roundview Capital LLC now owns 53,323 shares of the exchange traded fund’s stock worth $19,332,000 after acquiring an additional 495 shares during the period. Brown Brothers Harriman & Co. increased its stake in shares of Invesco QQQ by 11.2% during the first quarter. Brown Brothers Harriman & Co. now owns 2,750 shares of the exchange traded fund’s stock worth $997,000 after acquiring an additional 278 shares during the period. Finally, Covestor Ltd increased its stake in shares of Invesco QQQ by 309.2% during the first quarter. Covestor Ltd now owns 446 shares of the exchange traded fund’s stock worth $162,000 after acquiring an additional 337 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.6 %

QQQ traded down $2.43 on Thursday, hitting $423.41. 46,353,816 shares of the company were exchanged, compared to its average volume of 45,625,719. The business’s fifty day moving average is $438.24 and its 200 day moving average is $407.40. Invesco QQQ has a fifty-two week low of $309.89 and a fifty-two week high of $449.34.

Invesco QQQ Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th will be given a dividend of $0.5735 per share. The ex-dividend date is Monday, March 18th. This represents a $2.29 annualized dividend and a yield of 0.54%.

Invesco QQQ Company Profile

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.