Invesco QQQ $QQQ Shares Bought by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors raised its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 5.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,946 shares of the exchange traded fund’s stock after acquiring an additional 1,398 shares during the period. Invesco QQQ makes up approximately 3.9% of Atlas Private Wealth Advisors’ investment portfolio, making the stock its 8th largest position. Atlas Private Wealth Advisors’ holdings in Invesco QQQ were worth $16,553,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of QQQ. PNC Financial Services Group Inc. grew its stake in shares of 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 period. Envestnet Asset Management Inc. grew its stake in shares of 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 period. Analyst IMS Investment Management Services Ltd. grew its stake in shares of Invesco QQQ by 68.6% in 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. US Bancorp DE grew its stake in shares of 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 valued at $827,346,000 after buying an additional 7,378 shares during the period. Finally, Maxi Investments CY Ltd grew its stake in shares of 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 valued at $741,457,000 after buying an additional 92,700 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 $714.71 on Thursday. The firm has a 50 day simple moving average of $624.06 and a 200-day simple moving average of $618.92. Invesco QQQ has a 1-year low of $505.58 and a 1-year high of $716.65.

Invesco QQQ Cuts Dividend

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

More Invesco QQQ News

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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.

See Also

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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