Invesco QQQ (NASDAQ:QQQ) Shares Sold by Single Point Partners LLC

Single Point Partners LLC cut its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 3.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 965 shares of the exchange traded fund’s stock after selling 36 shares during the period. Single Point Partners LLC’s holdings in Invesco QQQ were worth $395,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Ironwood Wealth Management LLC. grew its holdings in shares of Invesco QQQ by 7.4% in the first quarter. Ironwood Wealth Management LLC. now owns 5,505 shares of the exchange traded fund’s stock valued at $1,996,000 after purchasing an additional 381 shares in the last quarter. Axiom Financial Strategies LLC grew its holdings in shares of Invesco QQQ by 11.6% in the first quarter. Axiom Financial Strategies LLC now owns 816 shares of the exchange traded fund’s stock valued at $255,000 after purchasing an additional 85 shares in the last quarter. Roundview Capital LLC grew its holdings in shares of Invesco QQQ by 0.9% in the first quarter. Roundview Capital LLC now owns 53,323 shares of the exchange traded fund’s stock valued at $19,332,000 after purchasing an additional 495 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Invesco QQQ by 11.2% in the first quarter. Brown Brothers Harriman & Co. now owns 2,750 shares of the exchange traded fund’s stock valued at $997,000 after purchasing an additional 278 shares in the last quarter. Finally, Covestor Ltd grew its holdings in shares of Invesco QQQ by 309.2% in the first quarter. Covestor Ltd now owns 446 shares of the exchange traded fund’s stock valued at $162,000 after purchasing an additional 337 shares in the last quarter. 43.95% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 1.2 %

Invesco QQQ stock traded up $5.20 during trading on Wednesday, reaching $443.77. The stock had a trading volume of 43,478,228 shares, compared to its average volume of 46,114,887. Invesco QQQ has a 52-week low of $304.77 and a 52-week high of $448.64. The business has a 50 day moving average price of $429.53 and a 200 day moving average price of $396.89.

Invesco QQQ Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be paid a $0.5735 dividend. The ex-dividend date is Monday, March 18th. This represents a $2.29 dividend on an annualized basis and a yield of 0.52%.

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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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

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