Banco Bilbao Vizcaya Argentaria S.A. Has $48.56 Million Position in Invesco QQQ $QQQ

Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 10.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,645 shares of the exchange traded fund’s stock after purchasing an additional 7,555 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Invesco QQQ were worth $48,556,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of QQQ. Basso Capital Management L.P. increased its stake in Invesco QQQ by 94.3% during the 4th quarter. Basso Capital Management L.P. now owns 2,442 shares of the exchange traded fund’s stock worth $1,500,000 after purchasing an additional 1,185 shares in the last quarter. Ballast Financial Advisors LLC bought a new position in Invesco QQQ in the fourth quarter valued at approximately $491,000. Align Financial LLC acquired a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $78,118,000. American Trust boosted its holdings in shares of Invesco QQQ by 1.8% in the fourth quarter. American Trust now owns 48,495 shares of the exchange traded fund’s stock valued at $29,791,000 after buying an additional 877 shares during the period. Finally, 9823 Capital L.P. bought a new stake in shares of Invesco QQQ during the fourth quarter worth $8,907,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $722.51 on Thursday. Invesco QQQ has a 12 month low of $523.65 and a 12 month high of $748.65. The company’s fifty day simple moving average is $689.67 and its 200 day simple moving average is $637.91.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.7328 per share. 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 Invesco QQQ News

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

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.

Read More

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

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.