Invesco QQQ (NASDAQ:QQQ) Stock Holdings Lifted by CV Advisors LLC

CV Advisors LLC increased its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 369.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,168 shares of the exchange traded fund’s stock after acquiring an additional 15,869 shares during the quarter. Invesco QQQ makes up about 5.0% of CV Advisors LLC’s holdings, making the stock its 6th largest position. CV Advisors LLC’s holdings in Invesco QQQ were worth $8,954,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Summit X LLC grew its stake in shares of Invesco QQQ by 0.4% in the 4th quarter. Summit X LLC now owns 5,983 shares of the exchange traded fund’s stock worth $2,451,000 after buying an additional 24 shares during the last quarter. IMA Wealth Inc. raised its holdings in Invesco QQQ by 1.3% in the 3rd quarter. IMA Wealth Inc. now owns 1,940 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 25 shares during the period. S.A. Mason LLC raised its holdings in Invesco QQQ by 1.5% in the 4th quarter. S.A. Mason LLC now owns 1,700 shares of the exchange traded fund’s stock worth $696,000 after purchasing an additional 25 shares during the period. Lauterbach Financial Advisors LLC lifted its position in shares of Invesco QQQ by 0.4% in the fourth quarter. Lauterbach Financial Advisors LLC now owns 5,606 shares of the exchange traded fund’s stock valued at $2,296,000 after acquiring an additional 25 shares in the last quarter. Finally, Cedrus LLC lifted its position in shares of Invesco QQQ by 1.7% in the fourth quarter. Cedrus LLC now owns 1,456 shares of the exchange traded fund’s stock valued at $596,000 after acquiring an additional 25 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Up 1.0 %

Shares of QQQ stock traded up $5.19 during trading hours on Wednesday, hitting $502.96. The stock had a trading volume of 27,905,368 shares, compared to its average volume of 40,198,039. Invesco QQQ has a one year low of $342.35 and a one year high of $503.52. The stock’s 50-day moving average price is $465.66 and its two-hundred day moving average price is $441.41.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Monday, June 24th will be paid a dividend of $0.7615 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.57. The ex-dividend date is Monday, June 24th. This represents a $3.05 dividend on an annualized basis and a dividend yield of 0.61%.

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

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