Invesco QQQ $QQQ Shares Sold by Sound View Wealth Advisors Group LLC

Sound View Wealth Advisors Group LLC decreased its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,380 shares of the exchange traded fund’s stock after selling 1,605 shares during the quarter. Invesco QQQ accounts for approximately 1.2% of Sound View Wealth Advisors Group LLC’s holdings, making the stock its 22nd largest position. Sound View Wealth Advisors Group LLC’s holdings in Invesco QQQ were worth $17,434,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of QQQ. 1832 Asset Management L.P. grew its position in Invesco QQQ by 100.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock valued at $1,167,000 after buying an additional 40,999,982 shares in the last quarter. HRT Financial LP lifted its stake in shares of Invesco QQQ by 118.3% in the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after acquiring an additional 1,704,600 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in shares of Invesco QQQ by 54,491.8% in the second quarter. Laurel Wealth Advisors LLC now owns 313,357 shares of the exchange traded fund’s stock valued at $172,860,000 after acquiring an additional 312,783 shares in the last quarter. Mizuho Bank Ltd. bought a new position in shares of Invesco QQQ in the second quarter valued at approximately $165,492,000. Finally, Japan Science & Technology Agency acquired a new position in shares of Invesco QQQ during the third quarter valued at approximately $179,311,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

QQQ opened at $582.06 on Monday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01. The business has a 50 day moving average price of $610.46 and a two-hundred day moving average price of $609.78.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Roundup

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.

See Also

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

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