Invesco QQQ $QQQ Shares Acquired by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. raised its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 68.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,750,079 shares of the exchange traded fund’s stock after acquiring an additional 712,026 shares during the period. Invesco QQQ makes up approximately 31.3% of Analyst IMS Investment Management Services Ltd.’s investment portfolio, making the stock its largest position. Analyst IMS Investment Management Services Ltd. owned about 0.27% of Invesco QQQ worth $1,075,091,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Goodman Advisory Group LLC acquired a new position in Invesco QQQ in the third quarter valued at approximately $25,000. Shcp LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter worth $27,000. Navigoe LLC increased its position in shares of Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 45 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth about $40,000. Finally, PayPay Securities Corp raised its holdings in Invesco QQQ by 78.9% in the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 30 shares during the period. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Summary

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

Invesco QQQ Price Performance

QQQ opened at $584.98 on Friday. The stock’s 50-day moving average price is $602.08 and its 200 day moving average price is $609.17. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01.

Invesco QQQ Cuts Dividend

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

Invesco QQQ Company 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.

See Also

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

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