Cypress Wealth Services LLC Acquires 3,794 Shares of Invesco QQQ $QQQ

Cypress Wealth Services LLC boosted its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 56.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,498 shares of the exchange traded fund’s stock after buying an additional 3,794 shares during the period. Invesco QQQ makes up about 0.9% of Cypress Wealth Services LLC’s investment portfolio, making the stock its 28th biggest position. Cypress Wealth Services LLC’s holdings in Invesco QQQ were worth $6,449,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of QQQ. 1832 Asset Management L.P. lifted its stake in shares of Invesco QQQ by 100.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock valued at $1,167,000 after purchasing an additional 40,999,982 shares during the period. HRT Financial LP boosted its position in shares of Invesco QQQ by 118.3% in the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after purchasing an additional 1,704,600 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Invesco QQQ by 120.2% during the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after purchasing an additional 1,270,102 shares during the period. Japan Science & Technology Agency bought a new stake in Invesco QQQ in the third quarter valued at about $179,311,000. Finally, NorthRock Partners LLC increased its holdings in Invesco QQQ by 1,355.6% in the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after purchasing an additional 283,909 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

More Invesco QQQ News

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Invesco QQQ Price Performance

NASDAQ:QQQ opened at $562.58 on Monday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01. The business’s 50-day moving average price is $606.07 and its two-hundred day moving average price is $609.81.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%.

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.

Further Reading

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

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