Natixis Advisors L.P. Purchases 2,809 Shares of Invesco QQQ (NASDAQ:QQQ)

Natixis Advisors L.P. increased its position in Invesco QQQ (NASDAQ:QQQ) by 17.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 18,927 shares of the exchange traded fund’s stock after buying an additional 2,809 shares during the period. Natixis Advisors L.P.’s holdings in Invesco QQQ were worth $7,751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of QQQ. IMA Wealth Inc. lifted its stake in Invesco QQQ by 1.3% during the third quarter. IMA Wealth Inc. now owns 1,940 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 25 shares during the period. S.A. Mason LLC boosted its holdings in shares of Invesco QQQ by 1.5% in the 4th quarter. S.A. Mason LLC now owns 1,700 shares of the exchange traded fund’s stock worth $696,000 after acquiring an additional 25 shares in the last quarter. Lauterbach Financial Advisors LLC grew its position in Invesco QQQ by 0.4% during the 4th quarter. Lauterbach Financial Advisors LLC now owns 5,606 shares of the exchange traded fund’s stock worth $2,296,000 after acquiring an additional 25 shares during the last quarter. Cedrus LLC increased its holdings in Invesco QQQ by 1.7% during the 4th quarter. Cedrus LLC now owns 1,456 shares of the exchange traded fund’s stock valued at $596,000 after purchasing an additional 25 shares in the last quarter. Finally, Waterfront Wealth Inc. raised its position in Invesco QQQ by 3.1% in the 4th quarter. Waterfront Wealth Inc. now owns 840 shares of the exchange traded fund’s stock valued at $344,000 after purchasing an additional 25 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.2 %

Shares of NASDAQ QQQ opened at $441.02 on Friday. Invesco QQQ has a 12-month low of $321.60 and a 12-month high of $449.34. The firm’s 50-day simple moving average is $436.76 and its 200 day simple moving average is $414.18.

Invesco QQQ Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.5735 per share. This represents a $2.29 annualized dividend and a yield of 0.52%. The ex-dividend date of this dividend was Monday, March 18th.

Invesco QQQ Company Profile

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.