Foundations Investment Advisors LLC Buys 29,942 Shares of Invesco QQQ $QQQ

Foundations Investment Advisors LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 25.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,134 shares of the exchange traded fund’s stock after buying an additional 29,942 shares during the quarter. Invesco QQQ accounts for 1.2% of Foundations Investment Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Foundations Investment Advisors LLC’s holdings in Invesco QQQ were worth $90,386,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Goodman Advisory Group LLC bought a new stake in Invesco QQQ during the third quarter worth $25,000. Shcp LLC bought a new stake in Invesco QQQ during the third quarter worth $27,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Invesco QQQ by 2,150.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 43 shares in the last quarter. Rachor Investment Advisory Services LLC bought a new stake in Invesco QQQ during the fourth quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in Invesco QQQ during the third quarter worth $40,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.1%

Shares of Invesco QQQ stock opened at $729.45 on Thursday. The stock has a fifty day simple moving average of $646.52 and a 200 day simple moving average of $625.28. Invesco QQQ has a 12-month low of $511.93 and a 12-month high of $733.32.

Invesco QQQ Cuts Dividend

The firm also recently disclosed 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.

Invesco QQQ News Summary

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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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