Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Sage Financial Group Inc.

Sage Financial Group Inc. increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 56.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,528 shares of the exchange traded fund’s stock after acquiring an additional 551 shares during the quarter. Sage Financial Group Inc.’s holdings in Invesco QQQ were worth $626,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Barclays PLC grew its holdings in shares of Invesco QQQ by 113.5% during the second quarter. Barclays PLC now owns 5,777,618 shares of the exchange traded fund’s stock valued at $2,134,368,000 after purchasing an additional 48,423,350 shares during the last quarter. Moneta Group Investment Advisors LLC grew its holdings in shares of Invesco QQQ by 156,045.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 43,491,085 shares of the exchange traded fund’s stock valued at $11,580,806,000 after purchasing an additional 43,463,232 shares during the last quarter. Morgan Stanley grew its holdings in shares of Invesco QQQ by 10.0% during the fourth quarter. Morgan Stanley now owns 16,815,487 shares of the exchange traded fund’s stock valued at $4,477,628,000 after purchasing an additional 1,533,114 shares during the last quarter. Senator Investment Group LP bought a new position in shares of Invesco QQQ during the second quarter valued at approximately $319,548,000. Finally, MML Investors Services LLC bought a new position in shares of Invesco QQQ during the second quarter valued at approximately $298,069,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.0 %

Shares of NASDAQ:QQQ traded up $0.04 during trading on Wednesday, hitting $443.36. 19,323,200 shares of the company traded hands, compared to its average volume of 44,740,500. The business’s fifty day moving average is $432.41 and its 200-day moving average is $398.85. Invesco QQQ has a one year low of $304.77 and a one year high of $449.34.

Invesco QQQ Dividend Announcement

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

Invesco QQQ Company 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.