Gaddis Premier Wealth Advisors LLC Buys New Holdings in Invesco QQQ $QQQ

Gaddis Premier Wealth Advisors LLC bought a new stake in Invesco QQQ (NASDAQ:QQQFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,428 shares of the exchange traded fund’s stock, valued at approximately $1,492,000. Invesco QQQ comprises about 1.1% of Gaddis Premier Wealth Advisors LLC’s holdings, making the stock its 17th largest position.

A number of other large investors have also recently bought and sold shares of the company. Everett Harris & Co. CA boosted its position in Invesco QQQ by 0.3% in the fourth quarter. Everett Harris & Co. CA now owns 21,550 shares of the exchange traded fund’s stock valued at $13,238,000 after buying an additional 59 shares during the last quarter. X Square Capital LLC boosted its position in Invesco QQQ by 1.4% in the 4th quarter. X Square Capital LLC now owns 3,104 shares of the exchange traded fund’s stock worth $1,907,000 after purchasing an additional 43 shares in the last quarter. VVR Holdings LLC purchased a new stake in Invesco QQQ in the 4th quarter worth approximately $22,887,000. TIAA Trust National Association boosted its position in Invesco QQQ by 1.9% in the 4th quarter. TIAA Trust National Association now owns 26,278 shares of the exchange traded fund’s stock worth $16,144,000 after purchasing an additional 496 shares in the last quarter. Finally, Montis Financial LLC boosted its position in Invesco QQQ by 2.8% in the 4th quarter. Montis Financial LLC now owns 2,116 shares of the exchange traded fund’s stock worth $1,300,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Invesco QQQ stock opened at $716.07 on Tuesday. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65. The stock’s 50 day simple moving average is $669.76 and its two-hundred day simple moving average is $632.15.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.7328 dividend. This represents a $2.93 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 23rd.

Key Invesco QQQ News

Here are the key news stories impacting Invesco QQQ this week:

About Invesco QQQ

(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.

Further Reading

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

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