Invesco QQQ $QQQ is Flagship Wealth Advisors LLC’s Largest Position

Flagship Wealth Advisors LLC boosted its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 5.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,161 shares of the exchange traded fund’s stock after buying an additional 2,300 shares during the quarter. Invesco QQQ makes up 7.9% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its largest holding. Flagship Wealth Advisors LLC’s holdings in Invesco QQQ were worth $27,129,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of QQQ. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth $25,000. Shcp LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth $27,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of 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 purchasing an additional 43 shares during the period. Rachor Investment Advisory Services LLC bought a new stake in shares of Invesco QQQ during the 4th quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth $40,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.5%

NASDAQ QQQ opened at $740.61 on Friday. Invesco QQQ has a one year low of $522.66 and a one year high of $748.65. The business’s fifty day moving average is $664.57 and its 200-day moving average is $630.59.

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 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.

Invesco QQQ News Roundup

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

About Invesco QQQ

(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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