Financial Perspectives Inc Has $1.96 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Financial Perspectives Inc trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 1.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,779 shares of the exchange traded fund’s stock after selling 62 shares during the period. Invesco QQQ makes up about 0.8% of Financial Perspectives Inc’s holdings, making the stock its 26th biggest position. Financial Perspectives Inc’s holdings in Invesco QQQ were worth $1,957,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. 180 Wealth Advisors LLC boosted its stake in shares of Invesco QQQ by 1.2% during the 3rd quarter. 180 Wealth Advisors LLC now owns 2,428 shares of the exchange traded fund’s stock worth $870,000 after acquiring an additional 29 shares in the last quarter. Bank Hapoalim BM boosted its stake in Invesco QQQ by 6.3% during the 4th 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 during the period. Goodwin Daniel L boosted its stake in Invesco QQQ by 76.1% during the 3rd 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 during the period. Ameriprise Financial Inc. raised its holdings in Invesco QQQ by 6.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock valued at $1,530,696,000 after acquiring an additional 243,305 shares in the last quarter. Finally, VitalStone Financial LLC raised its holdings in Invesco QQQ by 302.0% in the 3rd quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock valued at $8,099,000 after acquiring an additional 16,079 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.5 %

Invesco QQQ stock traded up $6.25 during trading hours on Tuesday, hitting $425.07. The stock had a trading volume of 44,085,762 shares, compared to its average volume of 46,010,473. The company has a 50-day moving average of $437.27 and a two-hundred day moving average of $409.02. Invesco QQQ has a fifty-two week low of $309.89 and a fifty-two week high of $449.34.

Invesco QQQ Dividend Announcement

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 issued a $0.5735 dividend. The ex-dividend date is Monday, March 18th. This represents a $2.29 annualized dividend and a yield of 0.54%.

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.