Gill Capital Partners LLC Raises Stock Position in Invesco QQQ $QQQ

Gill Capital Partners LLC grew its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,507 shares of the exchange traded fund’s stock after purchasing an additional 1,316 shares during the quarter. Invesco QQQ makes up approximately 4.6% of Gill Capital Partners LLC’s holdings, making the stock its 4th biggest holding. Gill Capital Partners LLC’s holdings in Invesco QQQ were worth $15,055,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goodman Advisory Group LLC bought a new position in Invesco QQQ during the 3rd quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 43 shares during the last quarter. Shcp LLC bought a new position in Invesco QQQ during the 3rd quarter worth approximately $27,000. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ during the 4th quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ during the 3rd quarter worth approximately $40,000. 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 Price Performance

Invesco QQQ stock opened at $738.31 on Monday. The company’s 50 day simple moving average is $652.03 and its 200 day simple moving average is $626.97. Invesco QQQ has a fifty-two week low of $511.93 and a fifty-two week high of $741.63.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.7328 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.

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

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

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