Integrity Alliance LLC. Buys 32,024 Shares of Invesco QQQ $QQQ

Integrity Alliance LLC. boosted its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 42.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,031 shares of the exchange traded fund’s stock after acquiring an additional 32,024 shares during the period. Invesco QQQ accounts for 2.4% of Integrity Alliance LLC.’s portfolio, making the stock its 5th largest position. Integrity Alliance LLC.’s holdings in Invesco QQQ were worth $65,750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Goodman Advisory Group LLC bought a new stake in Invesco QQQ during the third quarter valued at $25,000. Shcp LLC bought a new stake in Invesco QQQ during the third quarter valued at $27,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Invesco QQQ by 2,150.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 43 shares during the last quarter. Rachor Investment Advisory Services LLC bought a new stake in Invesco QQQ during the fourth quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in Invesco QQQ during the third quarter valued at $40,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Key Invesco QQQ News

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

Invesco QQQ Trading Up 1.8%

QQQ stock opened at $730.28 on Wednesday. Invesco QQQ has a 1-year low of $511.93 and a 1-year high of $731.17. The firm has a fifty day moving average price of $643.93 and a two-hundred day moving average price of $624.45.

Invesco QQQ Cuts Dividend

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

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.

Featured Stories

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

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