Invesco QQQ $QQQ Shares Bought by Petros Family Wealth LLC

Petros Family Wealth LLC lifted its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 203.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,384 shares of the exchange traded fund’s stock after purchasing an additional 928 shares during the quarter. Petros Family Wealth LLC’s holdings in Invesco QQQ were worth $850,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of QQQ. Fifth Third Securities Inc. raised its holdings in Invesco QQQ by 2.6% during the third quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock worth $65,959,000 after purchasing an additional 2,822 shares in the last quarter. SK Wealth Management LLC bought a new position in Invesco QQQ during the 3rd quarter valued at $803,000. Great Point Wealth Advisors LLC bought a new position in Invesco QQQ during the 3rd quarter valued at $507,000. Strengthening Families & Communities LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter valued at $10,771,000. Finally, Coyle Financial Counsel LLC increased its position in shares of Invesco QQQ by 4.9% during the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock valued at $26,091,000 after purchasing an additional 2,035 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

QQQ opened at $562.58 on Friday. The stock’s fifty day moving average is $606.07 and its 200-day moving average is $609.61. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend 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.

See Also

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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