Invesco QQQ (NASDAQ:QQQ) Shares Bought by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC boosted its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 31.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 248,015 shares of the exchange traded fund’s stock after buying an additional 59,583 shares during the period. Invesco QQQ makes up 1.4% of Steward Partners Investment Advisory LLC’s portfolio, making the stock its 8th largest holding. Steward Partners Investment Advisory LLC’s holdings in Invesco QQQ were worth $101,567,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of QQQ. WealthPlan Investment Management LLC increased its stake in Invesco QQQ by 1,496.0% during the 3rd quarter. WealthPlan Investment Management LLC now owns 13,199 shares of the exchange traded fund’s stock worth $4,729,000 after acquiring an additional 12,372 shares during the period. Cape Investment Advisory Inc. raised its position in shares of Invesco QQQ by 2.8% in the 3rd quarter. Cape Investment Advisory Inc. now owns 4,425 shares of the exchange traded fund’s stock valued at $1,585,000 after buying an additional 119 shares in the last quarter. Evolution Wealth Advisors LLC lifted its holdings in shares of Invesco QQQ by 1.3% during the 3rd quarter. Evolution Wealth Advisors LLC now owns 24,164 shares of the exchange traded fund’s stock worth $8,657,000 after acquiring an additional 312 shares during the period. Clarity Wealth Advisors LLC boosted its position in shares of Invesco QQQ by 3.4% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 48,980 shares of the exchange traded fund’s stock worth $17,548,000 after acquiring an additional 1,589 shares in the last quarter. Finally, AMI Investment Management Inc. bought a new position in Invesco QQQ in the third quarter valued at approximately $681,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

NASDAQ:QQQ traded down $1.77 during trading hours on Wednesday, hitting $457.91. The company’s stock had a trading volume of 6,742,075 shares, compared to its average volume of 43,019,574. Invesco QQQ has a twelve month low of $342.35 and a twelve month high of $460.58. The stock has a fifty day simple moving average of $440.08 and a 200-day simple moving average of $423.57.

Invesco QQQ Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th were issued a dividend of $0.5735 per share. This represents a $2.29 annualized dividend and a dividend yield of 0.50%. The ex-dividend date was Monday, March 18th.

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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