Invesco QQQ $QQQ is Stratos Wealth Partners LTD.’s 8th Largest Position

Stratos Wealth Partners LTD. lifted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 231,510 shares of the exchange traded fund’s stock after acquiring an additional 6,143 shares during the quarter. Invesco QQQ accounts for approximately 1.6% of Stratos Wealth Partners LTD.’s investment portfolio, making the stock its 8th biggest holding. Stratos Wealth Partners LTD.’s holdings in Invesco QQQ were worth $142,219,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Goodman Advisory Group LLC purchased a new position in Invesco QQQ during the third quarter worth approximately $25,000. Shcp LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter worth approximately $27,000. Navigoe LLC lifted 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 valued at $36,000 after buying an additional 45 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Invesco QQQ in the 3rd quarter valued at $40,000. Finally, PayPay Securities Corp increased 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 worth $41,000 after acquiring an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $584.98 on Friday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The company has a fifty day moving average of $602.08 and a two-hundred day moving average of $609.29.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.7328 per share. This represents a $2.93 annualized dividend 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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