Private Advisory Group LLC Purchases 1,818 Shares of Invesco QQQ $QQQ

Private Advisory Group LLC increased its position in Invesco QQQ (NASDAQ:QQQFree Report) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,034 shares of the exchange traded fund’s stock after buying an additional 1,818 shares during the quarter. Invesco QQQ accounts for approximately 3.4% of Private Advisory Group LLC’s investment portfolio, making the stock its 5th largest position. Private Advisory Group LLC’s holdings in Invesco QQQ were worth $43,022,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. 1832 Asset Management L.P. raised its stake in shares of Invesco QQQ by 100.0% during the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock valued at $1,167,000 after acquiring an additional 40,999,982 shares during the last quarter. HRT Financial LP grew its stake in shares of Invesco QQQ by 118.3% in the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after purchasing an additional 1,704,600 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Invesco QQQ by 120.2% in the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after purchasing an additional 1,270,102 shares during the last quarter. Japan Science & Technology Agency acquired a new stake in Invesco QQQ in the third quarter valued at $179,311,000. Finally, NorthRock Partners LLC increased its holdings in Invesco QQQ by 1,355.6% in the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after purchasing an additional 283,909 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 0.8%

Shares of QQQ opened at $558.28 on Tuesday. The stock’s 50-day moving average price is $604.81 and its two-hundred day moving average price is $609.63. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.

Invesco QQQ Cuts Dividend

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

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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