Invesco QQQ $QQQ Shares Acquired by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC lifted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 5.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 71,275 shares of the exchange traded fund’s stock after buying an additional 3,782 shares during the period. Invesco QQQ makes up about 5.6% of Impact Partnership Wealth LLC’s holdings, making the stock its 2nd biggest holding. Impact Partnership Wealth LLC’s holdings in Invesco QQQ were worth $43,785,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in QQQ. Sovran Advisors LLC increased its holdings in Invesco QQQ by 8.0% in the 4th quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock valued at $11,212,000 after purchasing an additional 1,340 shares in the last quarter. Corepath Wealth Partners LLC increased its holdings in Invesco QQQ by 19.7% in the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock valued at $5,471,000 after purchasing an additional 1,436 shares in the last quarter. Strengthening Families & Communities LLC acquired a new stake in Invesco QQQ in the 3rd quarter valued at $10,771,000. Cane Capital Partners LLC acquired a new stake in Invesco QQQ in the 4th quarter valued at $715,000. Finally, Coyle Financial Counsel LLC increased its holdings in Invesco QQQ by 4.9% in the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock valued at $26,091,000 after purchasing an additional 2,035 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.4%

Shares of NASDAQ QQQ opened at $738.31 on Friday. Invesco QQQ has a 12-month low of $511.93 and a 12-month high of $741.63. The stock has a fifty day moving average price of $652.03 and a 200 day moving average price of $626.95.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.7328 dividend. This represents a $2.93 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 23rd.

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

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