Carrera Capital Advisors Has $1.42 Million Stake in Invesco QQQ $QQQ

Carrera Capital Advisors boosted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 99.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,316 shares of the exchange traded fund’s stock after buying an additional 1,154 shares during the period. Carrera Capital Advisors’ holdings in Invesco QQQ were worth $1,423,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Goodman Advisory Group LLC acquired a new stake in Invesco QQQ during the third quarter worth about $25,000. Shcp LLC acquired a new stake in Invesco QQQ during the third quarter worth about $27,000. Measured Wealth Private Client Group LLC acquired a new stake in Invesco QQQ during the third quarter worth about $40,000. PayPay Securities Corp grew its stake in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 30 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC acquired a new stake in Invesco QQQ during the third quarter worth about $42,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 1.0%

Shares of Invesco QQQ stock opened at $657.55 on Wednesday. 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 price is $608.47 and its two-hundred day moving average price is $613.26.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, March 23rd.

Key Invesco QQQ News

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

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.

See Also

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

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