Expressive Wealth LLC Makes New $698,000 Investment in Invesco QQQ $QQQ

Expressive Wealth LLC purchased a new position in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,136 shares of the exchange traded fund’s stock, valued at approximately $698,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQ. SG Americas Securities LLC lifted its position in Invesco QQQ by 120.2% during the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after buying an additional 1,270,102 shares in the last quarter. Analyst IMS Investment Management Services Ltd. lifted its position 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 worth $1,075,091,000 after buying an additional 712,026 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in Invesco QQQ by 1,216.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 561,706 shares of the exchange traded fund’s stock worth $345,070,000 after buying an additional 519,051 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position 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 worth $2,179,321,000 after buying an additional 375,581 shares in the last quarter. Finally, NorthRock Partners LLC lifted its position in Invesco QQQ by 1,355.6% during the 3rd quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock worth $183,024,000 after buying an additional 283,909 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Trending Headlines about Invesco QQQ

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Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $730.28 on Wednesday. The company’s 50-day moving average price is $643.93 and its two-hundred day moving average price is $624.45. Invesco QQQ has a one year low of $511.93 and a one year high of $731.17.

Invesco QQQ Cuts Dividend

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

Invesco QQQ 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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