2,678 Shares in Invesco QQQ $QQQ Acquired by Forty three Eighteen Advisors LLC

Forty three Eighteen Advisors LLC purchased a new position in Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,678 shares of the exchange traded fund’s stock, valued at approximately $1,645,000. Invesco QQQ comprises 1.3% of Forty three Eighteen Advisors LLC’s holdings, making the stock its 22nd biggest holding.

Several other institutional investors also recently modified their holdings of the stock. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth $25,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Invesco QQQ in the 4th quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of 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 purchasing an additional 43 shares during the period. Shcp LLC acquired a new stake in shares of Invesco QQQ during the third quarter worth $27,000. Finally, Rachor Investment Advisory Services LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter valued at $29,000. Institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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

• Positive Sentiment: Invesco QQQ declared a quarterly dividend of $0.8135 per share, an 11.0% increase from the prior quarter, which can improve investor sentiment toward the fund. Article Title
• Positive Sentiment: Multiple articles highlighted QQQ’s strong long-term performance, including commentary that a modest investment in the ETF a decade ago would now be worth far more, reinforcing its status as a premier growth benchmark. Article Title
• Neutral Sentiment: Broader market and ETF coverage showed U.S. equity funds trading higher at times, suggesting the macro backdrop is supportive but not specific to QQQ alone. Article Title
• Neutral Sentiment: Several Fed-related commentaries pointed to a more hawkish policy tone and less forward guidance, which could pressure rate-sensitive growth stocks even as investors assess the implications for the Nasdaq-100. Article Title

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $740.62 on Monday. Invesco QQQ has a 1-year low of $523.65 and a 1-year high of $748.65. The stock has a fifty day simple moving average of $695.40 and a 200 day simple moving average of $639.64.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 22nd will be issued a dividend of $0.8135 per share. This represents a $3.25 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, June 22nd. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.73.

Invesco QQQ Profile

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.