Invesco QQQ $QQQ Holdings Increased by Crew Capital Management Ltd

Crew Capital Management Ltd increased its position in Invesco QQQ (NASDAQ:QQQFree Report) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,408 shares of the exchange traded fund’s stock after purchasing an additional 1,220 shares during the quarter. Invesco QQQ accounts for 11.8% of Crew Capital Management Ltd’s portfolio, making the stock its largest position. Crew Capital Management Ltd’s holdings in Invesco QQQ were worth $18,680,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. Brighton Jones LLC boosted its position in Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after buying an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Invesco QQQ by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after acquiring an additional 176 shares during the last quarter. Jupiter Wealth Management LLC acquired a new position in shares of Invesco QQQ in the second quarter worth about $290,000. Wealth Group Ltd. lifted its stake in shares of Invesco QQQ by 283.7% in the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after acquiring an additional 18,210 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in Invesco QQQ by 37.9% in the second quarter. Russell Investments Group Ltd. now owns 5,644 shares of the exchange traded fund’s stock valued at $3,113,000 after purchasing an additional 1,551 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

More Invesco QQQ News

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

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $584.98 on Friday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The business has a 50 day moving average price of $602.83 and a two-hundred day moving average price of $609.21.

Invesco QQQ Cuts Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, March 23rd.

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.

Further Reading

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

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