Invesco QQQ $QQQ Shares Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC boosted its position in Invesco QQQ (NASDAQ:QQQFree Report) by 7.7% during the 4th quarter, Holdings Channel reports. The fund owned 10,918 shares of the exchange traded fund’s stock after acquiring an additional 782 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco QQQ were worth $6,707,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in QQQ. Goodman Advisory Group LLC acquired a new stake in Invesco QQQ in the third quarter valued at approximately $25,000. Shcp LLC acquired a new stake in Invesco QQQ in the third quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC acquired a new stake in Invesco QQQ in the third quarter valued at approximately $40,000. PayPay Securities Corp raised its holdings in Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC acquired a new stake in Invesco QQQ in the third quarter valued at approximately $42,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.0%

Shares of NASDAQ:QQQ opened at $657.55 on Wednesday. The firm’s 50 day moving average price is $608.47 and its 200 day moving average price is $613.26. Invesco QQQ has a fifty-two week low of $462.43 and a fifty-two week high of $664.51.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

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