Invesco QQQ $QQQ is J.Safra Asset Management Corp’s Largest Position

J.Safra Asset Management Corp increased its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 7.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 391,141 shares of the exchange traded fund’s stock after purchasing an additional 26,439 shares during the quarter. Invesco QQQ makes up approximately 12.6% of J.Safra Asset Management Corp’s holdings, making the stock its largest holding. J.Safra Asset Management Corp owned about 0.06% of Invesco QQQ worth $240,282,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of QQQ. Goodman Advisory Group LLC bought a new position in shares of Invesco QQQ during the third quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Invesco QQQ by 2,150.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 43 shares in the last quarter. Shcp LLC bought a new stake in Invesco QQQ in the third quarter valued at $27,000. Rachor Investment Advisory Services LLC purchased a new position in Invesco QQQ during the 4th quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in Invesco QQQ during the 3rd quarter valued at $40,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $693.69 on Thursday. The firm has a fifty day simple moving average of $675.37 and a two-hundred day simple moving average of $633.67. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.7328 per share. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a dividend yield of 0.4%.

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.

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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