Invesco QQQ $QQQ Shares Purchased by Corepath Wealth Partners LLC

Corepath Wealth Partners LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 19.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,723 shares of the exchange traded fund’s stock after purchasing an additional 1,436 shares during the quarter. Invesco QQQ makes up approximately 3.7% of Corepath Wealth Partners LLC’s investment portfolio, making the stock its 11th largest position. Corepath Wealth Partners LLC’s holdings in Invesco QQQ were worth $5,471,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. CLG LLC lifted its holdings in Invesco QQQ by 13.3% in the 4th quarter. CLG LLC now owns 562 shares of the exchange traded fund’s stock valued at $345,000 after purchasing an additional 66 shares in the last quarter. J. Safra Sarasin Holding AG grew its holdings in shares of Invesco QQQ by 0.6% during the fourth quarter. J. Safra Sarasin Holding AG now owns 12,897 shares of the exchange traded fund’s stock worth $7,945,000 after buying an additional 75 shares in the last quarter. Wealth Quarterback LLC raised its position in shares of Invesco QQQ by 30.3% in the fourth quarter. Wealth Quarterback LLC now owns 38,557 shares of the exchange traded fund’s stock valued at $23,686,000 after buying an additional 8,970 shares during the last quarter. Columbus Macro LLC raised its position in shares of Invesco QQQ by 29.4% in the fourth quarter. Columbus Macro LLC now owns 1,148 shares of the exchange traded fund’s stock valued at $705,000 after buying an additional 261 shares during the last quarter. Finally, MOR Wealth Management LLC purchased a new position in shares of Invesco QQQ in the fourth quarter worth about $3,692,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

QQQ opened at $558.28 on Tuesday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The firm’s 50-day moving average price is $604.81 and its 200 day moving average price is $609.63.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.7328 dividend. This represents a $2.93 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco QQQ News Summary

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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