Invesco QQQ $QQQ Stock Position Lifted by Enzi Wealth

Enzi Wealth boosted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 163.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,171 shares of the exchange traded fund’s stock after acquiring an additional 17,495 shares during the period. Invesco QQQ accounts for 6.2% of Enzi Wealth’s holdings, making the stock its 5th biggest position. Enzi Wealth’s holdings in Invesco QQQ were worth $17,454,000 at the end of the most recent quarter.

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

Invesco QQQ Trading Up 1.2%

Invesco QQQ stock opened at $584.31 on Thursday. The stock has a 50-day moving average of $603.55 and a two-hundred day moving average of $609.38. Invesco QQQ has a one year low of $402.39 and a one year 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 issued 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 0.5%.

Key Stories Impacting Invesco QQQ

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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