Invesco QQQ $QQQ Holdings Boosted by Brookstone Capital Management

Brookstone Capital Management increased its position in Invesco QQQ (NASDAQ:QQQFree Report) by 10.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 495,804 shares of the exchange traded fund’s stock after buying an additional 46,391 shares during the quarter. Invesco QQQ accounts for 3.5% of Brookstone Capital Management’s portfolio, making the stock its largest position. Brookstone Capital Management’s holdings in Invesco QQQ were worth $304,577,000 at the end of the most recent quarter.

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

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Trading Down 0.8%

Shares of NASDAQ:QQQ opened at $558.28 on Tuesday. The company’s fifty day moving average is $604.81 and its 200 day moving average is $609.63. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01.

Invesco QQQ Cuts Dividend

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

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.

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

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