Invesco QQQ $QQQ is Finley Financial LLC’s 4th Largest Position

Finley Financial LLC reduced its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 3.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,236 shares of the exchange traded fund’s stock after selling 875 shares during the quarter. Invesco QQQ comprises about 6.8% of Finley Financial LLC’s investment portfolio, making the stock its 4th biggest position. Finley Financial LLC’s holdings in Invesco QQQ were worth $14,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in QQQ. Goodman Advisory Group LLC purchased a new position in shares of Invesco QQQ in the 3rd quarter worth approximately $25,000. Shcp LLC purchased a new stake in Invesco QQQ during the 3rd quarter valued at $27,000. Navigoe LLC raised its holdings in Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in Invesco QQQ in the third quarter worth $40,000. Finally, PayPay Securities Corp lifted its position in Invesco QQQ by 78.9% in 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 during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $584.98 on Monday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01. The company has a fifty day moving average of $602.08 and a two-hundred day moving average of $609.43.

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 paid a dividend of $0.7328 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a dividend yield of 0.5%.

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.

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

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