Dorato Capital Management Acquires Shares of 5,147 Invesco QQQ $QQQ

Dorato Capital Management acquired a new stake in Invesco QQQ (NASDAQ:QQQFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,147 shares of the exchange traded fund’s stock, valued at approximately $3,189,000. Invesco QQQ comprises about 2.4% of Dorato Capital Management’s portfolio, making the stock its 5th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in QQQ. Goodman Advisory Group LLC purchased a new stake in Invesco QQQ in the third quarter valued at $25,000. Shcp LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at about $27,000. Navigoe LLC raised its stake in shares of Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of Invesco QQQ in the 3rd quarter valued at about $40,000. Finally, PayPay Securities Corp lifted its holdings in shares of Invesco QQQ by 78.9% in 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 during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.1%

Invesco QQQ stock opened at $584.98 on Friday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01. The business’s 50-day moving average price is $602.83 and its 200 day moving average price is $609.21.

Invesco QQQ Cuts Dividend

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

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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.

See Also

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

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