Benchmark Financial Wealth Advisors LLC Buys 501 Shares of Invesco QQQ (NASDAQ:QQQ)

Benchmark Financial Wealth Advisors LLC lifted its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 61.6% in the 4th quarter, Holdings Channel reports. The fund owned 1,314 shares of the exchange traded fund’s stock after acquiring an additional 501 shares during the quarter. Benchmark Financial Wealth Advisors LLC’s holdings in Invesco QQQ were worth $538,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. 180 Wealth Advisors LLC grew its position in Invesco QQQ by 1.2% in the third quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock valued at $870,000 after purchasing an additional 29 shares in the last quarter. Bank Hapoalim BM grew its position in Invesco QQQ by 6.3% in the fourth quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock valued at $31,669,000 after purchasing an additional 4,549 shares in the last quarter. Goodwin Daniel L grew its position in Invesco QQQ by 76.1% in the third quarter. Goodwin Daniel L now owns 5,775 shares of the exchange traded fund’s stock valued at $2,069,000 after purchasing an additional 2,495 shares in the last quarter. Ameriprise Financial Inc. grew its position in Invesco QQQ by 6.1% in the third quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock valued at $1,530,696,000 after purchasing an additional 243,305 shares in the last quarter. Finally, VitalStone Financial LLC grew its position in Invesco QQQ by 302.0% in the third quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock valued at $8,099,000 after purchasing an additional 16,079 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.9 %

Invesco QQQ stock traded down $3.84 during mid-day trading on Tuesday, reaching $441.11. The company’s stock had a trading volume of 44,054,931 shares, compared to its average volume of 44,876,992. Invesco QQQ has a 12 month low of $309.89 and a 12 month high of $449.34. The business’s 50 day simple moving average is $435.38 and its 200 day simple moving average is $401.29.

Invesco QQQ Announces Dividend

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

Invesco QQQ 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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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

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