Wealthspire Retirement LLC Buys 1,176 Shares of Invesco QQQ $QQQ

Wealthspire Retirement LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 51,995 shares of the exchange traded fund’s stock after buying an additional 1,176 shares during the quarter. Invesco QQQ makes up 1.8% of Wealthspire Retirement LLC’s investment portfolio, making the stock its 12th largest holding. Wealthspire Retirement LLC’s holdings in Invesco QQQ were worth $30,010,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. CAP Partners LLC grew its position in shares of Invesco QQQ by 3.5% in the first quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after purchasing an additional 15 shares during the last quarter. Durante & Waters LLC lifted its position in shares of Invesco QQQ by 1.1% during the 1st quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock worth $822,000 after purchasing an additional 15 shares during the last quarter. Well Done LLC lifted its position in shares of Invesco QQQ by 0.5% during 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 last quarter. Forty three Eighteen Advisors LLC boosted its stake in Invesco QQQ by 0.6% during the 1st quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund’s stock valued at $1,555,000 after purchasing an additional 16 shares during the period. Finally, Tenon Financial LLC boosted its stake in Invesco QQQ by 2.2% during the 4th quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.5%

QQQ opened at $705.35 on Thursday. Invesco QQQ has a 12-month low of $551.68 and a 12-month high of $748.65. The stock’s 50 day moving average price is $719.91 and its two-hundred day moving average price is $655.21.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were paid a $0.8135 dividend. The ex-dividend date was Monday, June 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 annualized dividend and a dividend yield of 0.5%.

Invesco QQQ News Roundup

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

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