WealthCare Asset Management LLC Takes Position in Invesco QQQ $QQQ

WealthCare Asset Management LLC acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 3,577 shares of the exchange traded fund’s stock, valued at approximately $2,158,000. Invesco QQQ accounts for approximately 1.4% of WealthCare Asset Management LLC’s investment portfolio, making the stock its 19th largest position.

Several other large investors also recently made changes to their positions in QQQ. Brighton Jones LLC boosted its position in shares of Invesco QQQ by 15.0% during the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares in the last quarter. Jupiter Wealth Management LLC bought a new position in shares of Invesco QQQ during the 2nd quarter valued at about $290,000. Wealth Group Ltd. boosted its position in shares of Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after purchasing an additional 18,210 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Invesco QQQ by 1,057.3% during the 2nd quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock valued at $18,239,000 after purchasing an additional 30,206 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $729.86 on Wednesday. Invesco QQQ has a twelve month low of $523.65 and a twelve month high of $748.65. The company has a 50-day moving average of $686.99 and a 200-day moving average of $637.15.

Invesco QQQ Cuts Dividend

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

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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