WealthBridge Capital Management LLC Has $18.28 Million Position in Invesco QQQ $QQQ

WealthBridge Capital Management LLC increased its position in Invesco QQQ (NASDAQ:QQQFree Report) by 11.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,755 shares of the exchange traded fund’s stock after buying an additional 3,040 shares during the quarter. Invesco QQQ accounts for 4.2% of WealthBridge Capital Management LLC’s portfolio, making the stock its 5th largest position. WealthBridge Capital Management LLC’s holdings in Invesco QQQ were worth $18,279,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. South Shore Capital Advisors bought a new stake in Invesco QQQ in the 4th quarter worth approximately $3,662,000. Register Financial Advisors LLC lifted its position in Invesco QQQ by 5.4% in the 4th quarter. Register Financial Advisors LLC now owns 2,453 shares of the exchange traded fund’s stock worth $1,507,000 after buying an additional 125 shares during the last quarter. Capital Advisors Ltd. LLC lifted its position in Invesco QQQ by 1.9% in the fourth quarter. Capital Advisors Ltd. LLC now owns 33,180 shares of the exchange traded fund’s stock valued at $20,383,000 after purchasing an additional 624 shares during the last quarter. Landaas & Co. WI ADV lifted its position in Invesco QQQ by 4.2% in the fourth quarter. Landaas & Co. WI ADV now owns 940 shares of the exchange traded fund’s stock valued at $578,000 after purchasing an additional 38 shares during the last quarter. Finally, Summa Corp. lifted its position in Invesco QQQ by 10.1% in the fourth quarter. Summa Corp. now owns 1,846 shares of the exchange traded fund’s stock valued at $1,134,000 after purchasing an additional 170 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.0%

Shares of QQQ stock opened at $588.59 on Wednesday. Invesco QQQ has a fifty-two week low of $409.79 and a fifty-two week high of $637.01. The stock has a 50 day moving average price of $600.49 and a two-hundred day moving average price of $609.31.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.5%.

Invesco QQQ News Roundup

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

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.

Read More

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.