Invesco QQQ $QQQ Shares Acquired by Crew Capital Management Ltd

Crew Capital Management Ltd increased its position in Invesco QQQ (NASDAQ:QQQFree Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,408 shares of the exchange traded fund’s stock after buying an additional 1,220 shares during the quarter. Invesco QQQ comprises about 11.8% of Crew Capital Management Ltd’s investment portfolio, making the stock its biggest position. Crew Capital Management Ltd’s holdings in Invesco QQQ were worth $18,680,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in QQQ. Brighton Jones LLC lifted its position in Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after buying an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after acquiring an additional 176 shares in the last quarter. Jupiter Wealth Management LLC acquired a new stake in shares of Invesco QQQ in the second quarter worth $290,000. Wealth Group Ltd. raised its stake in shares of Invesco QQQ by 283.7% in the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after acquiring an additional 18,210 shares during the period. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Invesco QQQ by 37.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,644 shares of the exchange traded fund’s stock valued at $3,113,000 after acquiring an additional 1,551 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Summary

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

Invesco QQQ Stock Up 0.1%

Shares of Invesco QQQ stock opened at $584.98 on Friday. The company has a fifty day moving average price of $602.83 and a 200 day moving average price of $609.21. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were given a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 annualized dividend 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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