Invesco QQQ $QQQ Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. boosted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 13.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 253,762 shares of the exchange traded fund’s stock after buying an additional 30,173 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Invesco QQQ were worth $155,947,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Carrera Capital Advisors lifted its stake in shares of Invesco QQQ by 99.3% in the fourth quarter. Carrera Capital Advisors now owns 2,316 shares of the exchange traded fund’s stock worth $1,423,000 after buying an additional 1,154 shares in the last quarter. Sovran Advisors LLC lifted its stake in shares of Invesco QQQ by 8.0% in the fourth quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after buying an additional 1,340 shares in the last quarter. Corepath Wealth Partners LLC lifted its stake in shares of Invesco QQQ by 19.7% in the fourth quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after buying an additional 1,436 shares in the last quarter. Cane Capital Partners LLC purchased a new position in shares of Invesco QQQ in the fourth quarter worth about $715,000. Finally, Coyle Financial Counsel LLC lifted its stake in shares of Invesco QQQ by 4.9% in the third quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after buying an additional 2,035 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Invesco QQQ News

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

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $740.61 on Friday. The company’s 50-day moving average price is $664.57 and its 200-day moving average price is $630.59. Invesco QQQ has a twelve month low of $522.66 and a twelve month high of $748.65.

Invesco QQQ Cuts Dividend

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

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

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