Invesco QQQ $QQQ is Stratos Wealth Advisors LLC’s 9th Largest Position

Stratos Wealth Advisors LLC raised its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 4.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 45,471 shares of the exchange traded fund’s stock after purchasing an additional 1,921 shares during the period. Invesco QQQ accounts for about 1.3% of Stratos Wealth Advisors LLC’s portfolio, making the stock its 9th largest position. Stratos Wealth Advisors LLC’s holdings in Invesco QQQ were worth $27,934,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Fifth Third Securities Inc. increased its holdings in shares of Invesco QQQ by 2.6% in the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after acquiring an additional 2,822 shares during the period. SK Wealth Management LLC purchased a new stake in shares of Invesco QQQ during the 3rd quarter worth $803,000. Corepath Wealth Partners LLC lifted its stake in shares of Invesco QQQ by 19.7% during the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after purchasing an additional 1,436 shares during the last quarter. Great Point Wealth Advisors LLC bought a new stake in Invesco QQQ during the third quarter valued at about $507,000. Finally, Strengthening Families & Communities LLC bought a new stake in Invesco QQQ during the third quarter valued at about $10,771,000. Institutional investors own 44.58% of the company’s stock.

Key Stories Impacting Invesco QQQ

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

Invesco QQQ Stock Performance

QQQ opened at $584.98 on Friday. The business’s 50-day moving average is $602.08 and its two-hundred day moving average is $609.29. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01.

Invesco QQQ Cuts Dividend

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

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.

Further Reading

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

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