3,577 Shares in Invesco QQQ $QQQ Purchased by WealthCare Asset Management LLC

WealthCare Asset Management LLC acquired a new position in Invesco QQQ (NASDAQ:QQQFree Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,577 shares of the exchange traded fund’s stock, valued at approximately $2,158,000. Invesco QQQ accounts for approximately 1.4% of WealthCare Asset Management LLC’s portfolio, making the stock its 19th largest holding.

A number of other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in Invesco QQQ by 11.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after buying an additional 375,581 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Invesco QQQ by 21.4% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,025,000 shares of the exchange traded fund’s stock valued at $1,858,288,000 after buying an additional 534,000 shares during the period. Analyst IMS Investment Management Services Ltd. increased its stake in Invesco QQQ by 68.6% during the 4th quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after buying an additional 712,026 shares during the period. Bank of Montreal Can increased its stake in Invesco QQQ by 142.4% during the 4th quarter. Bank of Montreal Can now owns 1,431,050 shares of the exchange traded fund’s stock valued at $877,406,000 after buying an additional 840,803 shares during the period. Finally, US Bancorp DE increased its stake in Invesco QQQ by 0.5% during the 3rd quarter. US Bancorp DE now owns 1,378,057 shares of the exchange traded fund’s stock valued at $827,346,000 after buying an additional 7,378 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $729.86 on Wednesday. The company’s 50-day moving average price is $686.99 and its two-hundred day moving average price is $637.15. Invesco QQQ has a 52 week low of $523.65 and a 52 week high of $748.65.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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

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.

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

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