Choreo LLC Has $14.60 Million Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Choreo LLC lifted its position in Invesco QQQ (NASDAQ:QQQ) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,649 shares of the exchange traded fund’s stock after buying an additional 652 shares during the quarter. Choreo LLC’s holdings in Invesco QQQ were worth $14,599,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of QQQ. McAdam LLC lifted its stake in shares of Invesco QQQ by 5.8% in the fourth quarter. McAdam LLC now owns 3,749 shares of the exchange traded fund’s stock valued at $1,535,000 after buying an additional 207 shares during the period. Mitchell Mcleod Pugh & Williams Inc. raised its position in Invesco QQQ by 3.7% in the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 6,322 shares of the exchange traded fund’s stock worth $2,589,000 after purchasing an additional 223 shares in the last quarter. Mather Group LLC. lifted its stake in Invesco QQQ by 1.8% during the fourth quarter. Mather Group LLC. now owns 24,195 shares of the exchange traded fund’s stock worth $9,908,000 after purchasing an additional 420 shares during the period. Vantage Financial Partners LLC boosted its holdings in Invesco QQQ by 68.0% during the fourth quarter. Vantage Financial Partners LLC now owns 29,550 shares of the exchange traded fund’s stock valued at $12,101,000 after purchasing an additional 11,957 shares in the last quarter. Finally, Cora Capital Advisors LLC grew its stake in shares of Invesco QQQ by 5.7% in the 4th quarter. Cora Capital Advisors LLC now owns 6,235 shares of the exchange traded fund’s stock valued at $2,553,000 after purchasing an additional 334 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

Shares of Invesco QQQ stock traded up $1.61 during midday trading on Monday, hitting $432.61. 14,136,642 shares of the company were exchanged, compared to its average volume of 45,737,742. The firm has a 50 day simple moving average of $436.88 and a 200-day simple moving average of $410.68. Invesco QQQ has a 52 week low of $315.11 and a 52 week high of $449.34.

Invesco QQQ Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th will be issued a $0.5735 dividend. This represents a $2.29 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Monday, March 18th.

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.