Invesco QQQ (NASDAQ:QQQ) is SeaCrest Wealth Management LLC’s 9th Largest Position

SeaCrest Wealth Management LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 24,249 shares of the exchange traded fund’s stock after buying an additional 1,191 shares during the quarter. Invesco QQQ accounts for approximately 1.2% of SeaCrest Wealth Management LLC’s holdings, making the stock its 9th largest holding. SeaCrest Wealth Management LLC’s holdings in Invesco QQQ were worth $9,621,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. VisionPoint Advisory Group LLC purchased a new stake in shares of Invesco QQQ during the second quarter worth about $36,000. Core Wealth Advisors Inc. increased its holdings in Invesco QQQ by 33.3% during the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 30 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in shares of Invesco QQQ in the 2nd quarter valued at approximately $44,000. Blume Capital Management Inc. boosted its stake in shares of Invesco QQQ by 104.0% during the 3rd quarter. Blume Capital Management Inc. now owns 135 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 3,500 shares during the last quarter. Finally, Buck Wealth Strategies LLC boosted its stake in shares of Invesco QQQ by 71.4% during the 3rd quarter. Buck Wealth Strategies LLC now owns 156 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.2 %

Shares of NASDAQ:QQQ traded down $0.82 during midday trading on Thursday, reaching $444.01. The company had a trading volume of 36,607,437 shares, compared to its average volume of 44,988,266. The stock’s fifty day moving average price is $433.84 and its 200-day moving average price is $399.66. Invesco QQQ has a one year low of $309.89 and a one year high of $449.34.

Invesco QQQ Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th will be given a $0.5735 dividend. This represents a $2.29 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend is Monday, March 18th.

Invesco QQQ Profile

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.