Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Yarger Wealth Strategies LLC

Yarger Wealth Strategies LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 9.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,169 shares of the exchange traded fund’s stock after acquiring an additional 97 shares during the quarter. Yarger Wealth Strategies LLC’s holdings in Invesco QQQ were worth $479,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of QQQ. Ironwood Wealth Management LLC. raised its stake in Invesco QQQ by 7.4% during the 1st quarter. Ironwood Wealth Management LLC. now owns 5,505 shares of the exchange traded fund’s stock worth $1,996,000 after acquiring an additional 381 shares in the last quarter. Axiom Financial Strategies LLC boosted 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 acquiring an additional 85 shares during the period. Roundview Capital LLC grew its position in Invesco QQQ by 0.9% during the 1st quarter. Roundview Capital LLC now owns 53,323 shares of the exchange traded fund’s stock worth $19,332,000 after purchasing an additional 495 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in 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 during the period. Finally, Covestor Ltd raised 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 buying an additional 337 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ traded down $0.82 during midday trading on Thursday, reaching $444.01. 36,607,437 shares of the company were exchanged, compared to its average volume of 44,988,266. Invesco QQQ has a 1 year low of $309.89 and a 1 year high of $449.34. The stock has a fifty day simple moving average of $433.84 and a 200 day simple moving average of $399.66.

Invesco QQQ Dividend Announcement

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

About Invesco QQQ

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.