Invesco QQQ $QQQ Shares Acquired by Benedict Financial Advisors Inc.

Benedict Financial Advisors Inc. lifted its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 18.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,366 shares of the exchange traded fund’s stock after purchasing an additional 988 shares during the quarter. Benedict Financial Advisors Inc.’s holdings in Invesco QQQ were worth $3,910,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BigSur Wealth Management LLC increased its holdings in shares of Invesco QQQ by 0.7% in the fourth quarter. BigSur Wealth Management LLC now owns 2,604 shares of the exchange traded fund’s stock valued at $1,600,000 after purchasing an additional 19 shares during the last quarter. Mainstay Capital Management LLC ADV increased its holdings in shares of Invesco QQQ by 27.4% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 725 shares of the exchange traded fund’s stock valued at $445,000 after purchasing an additional 156 shares during the last quarter. TFR Capital LLC. increased its holdings in shares of Invesco QQQ by 2.0% in the fourth quarter. TFR Capital LLC. now owns 11,694 shares of the exchange traded fund’s stock valued at $7,184,000 after purchasing an additional 229 shares during the last quarter. 5T Wealth LLC increased its holdings in shares of Invesco QQQ by 14.4% in the fourth quarter. 5T Wealth LLC now owns 2,056 shares of the exchange traded fund’s stock valued at $1,264,000 after purchasing an additional 259 shares during the last quarter. Finally, Sage Financial Group Inc. increased its holdings in shares of Invesco QQQ by 2.4% in the fourth quarter. Sage Financial Group Inc. now owns 1,364 shares of the exchange traded fund’s stock valued at $838,000 after purchasing an additional 32 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $648.85 on Monday. Invesco QQQ has a one year low of $427.93 and a one year high of $650.00. The stock has a 50 day moving average price of $601.69 and a 200 day moving average price of $610.79.

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 issued a $0.7328 dividend. This represents a $2.93 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

Key Stories Impacting Invesco QQQ

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

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.

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

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