Roman Butler Fullerton & Co. Has $3.21 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Roman Butler Fullerton & Co. lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 24.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,564 shares of the exchange traded fund’s stock after acquiring an additional 1,497 shares during the period. Invesco QQQ comprises about 1.3% of Roman Butler Fullerton & Co.’s holdings, making the stock its 19th biggest position. Roman Butler Fullerton & Co.’s holdings in Invesco QQQ were worth $3,206,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IMA Wealth Inc. raised its holdings in Invesco QQQ by 1.3% in the third quarter. IMA Wealth Inc. now owns 1,940 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 25 shares in the last quarter. S.A. Mason LLC boosted its position in Invesco QQQ by 1.5% in the 4th quarter. S.A. Mason LLC now owns 1,700 shares of the exchange traded fund’s stock worth $696,000 after purchasing an additional 25 shares in the last quarter. Lauterbach Financial Advisors LLC boosted its position in Invesco QQQ by 0.4% in the 4th quarter. Lauterbach Financial Advisors LLC now owns 5,606 shares of the exchange traded fund’s stock worth $2,296,000 after purchasing an additional 25 shares in the last quarter. Cedrus LLC lifted its position in shares of Invesco QQQ by 1.7% during the 4th quarter. Cedrus LLC now owns 1,456 shares of the exchange traded fund’s stock valued at $596,000 after buying an additional 25 shares in the last quarter. Finally, Waterfront Wealth Inc. lifted its position in shares of Invesco QQQ by 3.1% during the 4th quarter. Waterfront Wealth Inc. now owns 840 shares of the exchange traded fund’s stock valued at $344,000 after buying an additional 25 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.0 %

Shares of QQQ traded down $0.05 during midday trading on Thursday, reaching $425.79. The company had a trading volume of 11,440,676 shares, compared to its average volume of 45,119,117. Invesco QQQ has a 1-year low of $309.89 and a 1-year high of $449.34. The firm has a 50 day simple moving average of $438.24 and a 200-day simple moving average of $407.40.

Invesco QQQ Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th will be paid a $0.5735 dividend. This represents a $2.29 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Monday, March 18th.

Invesco QQQ Profile

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.