NBC Securities Inc. Purchases 1,474 Shares of Invesco QQQ $QQQ

NBC Securities Inc. boosted its position in Invesco QQQ (NASDAQ:QQQFree Report) by 8.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,386 shares of the exchange traded fund’s stock after acquiring an additional 1,474 shares during the period. Invesco QQQ accounts for 0.9% of NBC Securities Inc.’s investment portfolio, making the stock its 12th biggest position. NBC Securities Inc.’s holdings in Invesco QQQ were worth $11,909,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in QQQ. Well Done LLC lifted its position in shares of Invesco QQQ by 0.5% in the 4th quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock worth $2,113,000 after purchasing an additional 16 shares during the period. IFS Advisors LLC lifted its position in shares of Invesco QQQ by 4.1% in the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 17 shares during the period. Mezzasalma Advisors LLC lifted its position in shares of Invesco QQQ by 0.5% in the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock worth $1,988,000 after purchasing an additional 17 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in shares of Invesco QQQ by 1.2% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,421 shares of the exchange traded fund’s stock worth $853,000 after purchasing an additional 17 shares during the period. Finally, TCV Trust & Wealth Management Inc. lifted its position in shares of Invesco QQQ by 1.4% in the 3rd quarter. TCV Trust & Wealth Management Inc. now owns 1,246 shares of the exchange traded fund’s stock worth $748,000 after purchasing an additional 17 shares during the period. Institutional investors own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Stock Up 1.9%

NASDAQ:QQQ opened at $664.10 on Friday. The company has a 50-day moving average price of $606.10 and a 200-day moving average price of $612.35. Invesco QQQ has a 12 month low of $462.43 and a 12 month high of $664.51.

Invesco QQQ Cuts Dividend

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

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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