Greenspring Advisors LLC Grows Stock Holdings in Invesco QQQ $QQQ

Greenspring Advisors LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 403.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,690 shares of the exchange traded fund’s stock after purchasing an additional 1,354 shares during the period. Greenspring Advisors LLC’s holdings in Invesco QQQ were worth $1,038,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in QQQ. Goodman Advisory Group LLC purchased a new position in Invesco QQQ in the 3rd quarter worth approximately $25,000. Shcp LLC purchased a new position in Invesco QQQ in the 3rd quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 43 shares during the last quarter. Rachor Investment Advisory Services LLC purchased a new position in Invesco QQQ in the 4th quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in Invesco QQQ in the 3rd quarter worth approximately $40,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $740.61 on Friday. Invesco QQQ has a twelve month low of $522.66 and a twelve month high of $748.65. The company has a 50 day moving average of $664.57 and a 200 day moving average of $630.59.

Invesco QQQ Cuts Dividend

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

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Invesco QQQ Company 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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