18,077 Shares in Invesco QQQ $QQQ Bought by Three Seasons Wealth LLC

Three Seasons Wealth LLC bought a new position in shares of Invesco QQQ (NASDAQ:QQQFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 18,077 shares of the exchange traded fund’s stock, valued at approximately $11,105,000. Invesco QQQ comprises about 1.1% of Three Seasons Wealth LLC’s portfolio, making the stock its 5th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. HRT Financial LP lifted its position in shares of Invesco QQQ by 118.3% during the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after purchasing an additional 1,704,600 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Invesco QQQ by 0.3% in the 3rd 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 buying an additional 8,038 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Invesco QQQ by 2.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,986,326 shares of the exchange traded fund’s stock valued at $1,792,901,000 after buying an additional 64,025 shares during the last quarter. US Bancorp DE increased its position in Invesco QQQ by 0.5% in the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock worth $827,346,000 after buying an additional 7,378 shares during the period. Finally, Maxi Investments CY Ltd increased its position in Invesco QQQ by 8.1% in the 3rd quarter. Maxi Investments CY Ltd now owns 1,235,000 shares of the exchange traded fund’s stock worth $741,457,000 after buying an additional 92,700 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 1.2%

Shares of QQQ stock opened at $584.31 on Thursday. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01. The stock has a 50 day moving average of $603.55 and a 200-day moving average of $609.38.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, March 23rd.

Invesco QQQ News Summary

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

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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