Cerity Partners LLC Grows Holdings in Invesco QQQ $QQQ

Cerity Partners LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 751,154 shares of the exchange traded fund’s stock after purchasing an additional 20,541 shares during the quarter. Invesco QQQ makes up about 0.7% of Cerity Partners LLC’s holdings, making the stock its 23rd biggest position. Cerity Partners LLC owned approximately 0.11% of Invesco QQQ worth $461,442,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after acquiring an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after acquiring an additional 176 shares during the last quarter. Jupiter Wealth Management LLC purchased a new position in Invesco QQQ in the second quarter valued at about $290,000. Wealth Group Ltd. boosted its stake in Invesco QQQ by 283.7% in the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after acquiring an additional 18,210 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Invesco QQQ by 1,057.3% in the second quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock valued at $18,239,000 after acquiring an additional 30,206 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 1.6%

QQQ opened at $716.07 on Tuesday. Invesco QQQ has a twelve month low of $523.65 and a twelve month high of $748.65. The company’s 50-day moving average price is $669.76 and its two-hundred day moving average price is $632.15.

Invesco QQQ Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a $0.7328 dividend. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, March 23rd.

Key Stories Impacting Invesco QQQ

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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.

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

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