39,275 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by Janus Henderson Group PLC

Janus Henderson Group PLC acquired a new position in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,275 shares of the exchange traded fund’s stock, valued at approximately $20,079,000.

A number of other large investors have also recently bought and sold shares of the business. Kaizen Financial Strategies boosted its holdings in Invesco QQQ by 174.3% in the fourth quarter. Kaizen Financial Strategies now owns 4,850 shares of the exchange traded fund’s stock worth $2,480,000 after purchasing an additional 11,378 shares in the last quarter. Humankind Investments LLC acquired a new position in Invesco QQQ during the 4th quarter worth $44,260,000. Guardian Wealth Advisors LLC NC lifted its position in Invesco QQQ by 11.4% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 8,045 shares of the exchange traded fund’s stock worth $4,113,000 after acquiring an additional 821 shares during the last quarter. Geller Advisors LLC lifted its position in Invesco QQQ by 7.2% during the 4th quarter. Geller Advisors LLC now owns 28,720 shares of the exchange traded fund’s stock worth $14,683,000 after acquiring an additional 1,920 shares during the last quarter. Finally, Georgetown University lifted its position in Invesco QQQ by 0.3% during the 4th quarter. Georgetown University now owns 184,204 shares of the exchange traded fund’s stock worth $94,171,000 after acquiring an additional 549 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $519.25 on Friday. The firm has a market cap of $324.64 billion, a price-to-earnings ratio of 30.62 and a beta of 1.18. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $540.81. The firm has a fifty day moving average price of $469.91 and a two-hundred day moving average price of $499.86.

Invesco QQQ Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were given a dividend of $0.7157 per share. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco QQQ

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.