Facet Wealth Inc. Acquires 2,006 Shares of Invesco QQQ $QQQ

Facet Wealth Inc. lifted its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 70.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,869 shares of the exchange traded fund’s stock after buying an additional 2,006 shares during the period. Facet Wealth Inc.’s holdings in Invesco QQQ were worth $3,083,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ in the 3rd quarter worth about $25,000. Shcp LLC bought a new position in Invesco QQQ during the 3rd quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ during the 3rd quarter valued at about $40,000. PayPay Securities Corp grew its holdings in Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in Invesco QQQ during the 3rd quarter valued at about $42,000. 44.58% of the stock is currently owned by institutional investors.

Key Invesco QQQ News

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

Invesco QQQ Trading Up 0.0%

Shares of NASDAQ:QQQ opened at $664.10 on Monday. Invesco QQQ has a 12 month low of $462.43 and a 12 month high of $664.51. The firm’s 50-day moving average is $606.10 and its 200 day moving average is $612.41.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.7328 per share. This represents a $2.93 annualized dividend and a yield of 0.4%. 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.

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

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