Elevation Wealth Partners LLC Boosts Stake in Invesco QQQ $QQQ

Elevation Wealth Partners LLC increased its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 123.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,921 shares of the exchange traded fund’s stock after buying an additional 1,616 shares during the period. Elevation Wealth Partners LLC’s holdings in Invesco QQQ were worth $1,794,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Goodman Advisory Group LLC purchased a new position in Invesco QQQ in the 3rd quarter worth approximately $25,000. Shcp LLC purchased a new stake in shares of Invesco QQQ in the third quarter valued at approximately $27,000. Navigoe LLC increased its holdings in shares of Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Invesco QQQ in the third quarter valued at approximately $40,000. Finally, PayPay Securities Corp lifted its position in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 30 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Key Invesco QQQ News

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

Invesco QQQ Price Performance

NASDAQ QQQ opened at $588.00 on Tuesday. The stock’s fifty day moving average is $609.68 and its two-hundred day moving average is $609.87. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be issued a dividend of $0.7328 per share. This represents a $2.93 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, March 23rd.

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.

Read More

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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