Invesco QQQ $QQQ Shares Acquired by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC lifted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 23.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,181 shares of the exchange traded fund’s stock after acquiring an additional 1,159 shares during the period. Invesco QQQ accounts for 1.1% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 19th biggest holding. Adamsbrown Wealth Consultants LLC’s holdings in Invesco QQQ were worth $3,797,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Well Done LLC grew its holdings in Invesco QQQ by 0.5% during the fourth quarter. Well Done LLC now owns 3,439 shares of the exchange traded fund’s stock worth $2,113,000 after acquiring an additional 16 shares during the period. Orgel Wealth Management LLC grew its stake in shares of Invesco QQQ by 4.7% in the 3rd quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund’s stock valued at $229,000 after buying an additional 17 shares in the last quarter. Enclave Advisors LLC boosted its holdings in Invesco QQQ by 0.9% in the third quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund’s stock worth $1,099,000 after purchasing an additional 17 shares in the last quarter. IFS Advisors LLC increased its position in Invesco QQQ by 4.1% during the third quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 17 shares during the last quarter. Finally, Mezzasalma Advisors LLC increased its position in Invesco QQQ by 0.5% during the third quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock worth $1,988,000 after buying an additional 17 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ opened at $562.58 on Friday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The business has a 50 day moving average price of $606.07 and a 200 day moving average price of $609.40.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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

Invesco QQQ Company 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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