Empirical Financial Services LLC d.b.a. Empirical Wealth Management Grows Stock Holdings in Invesco QQQ $QQQ

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 4.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 28,078 shares of the exchange traded fund’s stock after acquiring an additional 1,203 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Invesco QQQ were worth $17,248,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. 1832 Asset Management L.P. increased its stake in Invesco QQQ by 100.0% in the second 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 last quarter. HRT Financial LP lifted its position in Invesco QQQ by 118.3% during the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after buying an additional 1,704,600 shares during the period. SG Americas Securities LLC boosted its stake in Invesco QQQ by 120.2% in the 4th quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after buying an additional 1,270,102 shares during the last quarter. Japan Science & Technology Agency acquired a new stake in Invesco QQQ in the 3rd quarter worth about $179,311,000. Finally, NorthRock Partners LLC grew its holdings in Invesco QQQ by 1,355.6% in the 3rd quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after buying an additional 283,909 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.2%

NASDAQ QQQ opened at $584.31 on Thursday. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01. The company has a 50-day moving average of $603.55 and a 200-day moving average of $609.38.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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

About Invesco QQQ

(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

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

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