Invesco QQQ $QQQ Shares Bought by Harbour Investments Inc.

Harbour Investments Inc. boosted its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 2.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 275,544 shares of the exchange traded fund’s stock after acquiring an additional 5,786 shares during the period. Invesco QQQ accounts for 3.4% of Harbour Investments Inc.’s portfolio, making the stock its 2nd biggest position. Harbour Investments Inc.’s holdings in Invesco QQQ were worth $169,270,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in QQQ. Sovran Advisors LLC raised its position in Invesco QQQ by 8.0% in the 4th quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock valued at $11,212,000 after buying an additional 1,340 shares during the last quarter. Corepath Wealth Partners LLC raised its position in Invesco QQQ by 19.7% in the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock valued at $5,471,000 after buying an additional 1,436 shares during the last quarter. Strengthening Families & Communities LLC purchased a new stake in Invesco QQQ in the 3rd quarter valued at $10,771,000. Cane Capital Partners LLC purchased a new stake in Invesco QQQ in the 4th quarter valued at $715,000. Finally, Coyle Financial Counsel LLC raised its position in Invesco QQQ by 4.9% in the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock valued at $26,091,000 after buying an additional 2,035 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $717.54 on Tuesday. Invesco QQQ has a 1 year low of $505.58 and a 1 year high of $722.12. The stock has a fifty day moving average price of $641.20 and a 200-day moving average price of $623.69.

Invesco QQQ Cuts Dividend

The company also recently declared 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%.

Key Stories Impacting Invesco QQQ

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

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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