Invesco QQQ $QQQ is Impact Partnership Wealth LLC’s 2nd Largest Position

Impact Partnership Wealth LLC raised its position in Invesco QQQ (NASDAQ:QQQFree Report) by 5.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 71,275 shares of the exchange traded fund’s stock after purchasing an additional 3,782 shares during the period. Invesco QQQ makes up approximately 5.6% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 2nd biggest position. Impact Partnership Wealth LLC’s holdings in Invesco QQQ were worth $43,785,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Well Done LLC boosted its position in Invesco QQQ by 0.5% in the 4th quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock valued at $2,113,000 after buying an additional 16 shares during the last quarter. Tenon Financial LLC boosted its position in Invesco QQQ by 2.2% in the 4th quarter. Tenon Financial LLC now owns 805 shares of the exchange traded fund’s stock valued at $494,000 after buying an additional 17 shares during the last quarter. SJS Investment Consulting Inc. boosted its position in Invesco QQQ by 1.7% in the 4th quarter. SJS Investment Consulting Inc. now owns 1,017 shares of the exchange traded fund’s stock valued at $625,000 after buying an additional 17 shares during the last quarter. Cascade Investment Group Inc. boosted its position in Invesco QQQ by 4.6% in the 4th quarter. Cascade Investment Group Inc. now owns 388 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 17 shares during the last quarter. Finally, Keeler & Nadler Financial Planning & Wealth Management boosted its position in Invesco QQQ by 3.0% in the 4th quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 576 shares of the exchange traded fund’s stock valued at $354,000 after buying an additional 17 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $738.31 on Friday. The firm has a 50-day moving average of $652.03 and a two-hundred day moving average of $626.95. Invesco QQQ has a 1-year low of $511.93 and a 1-year high of $741.63.

Invesco QQQ Cuts Dividend

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

Key Headlines Impacting Invesco QQQ

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

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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