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1,734 Shares in Invesco QQQ $QQQ Purchased by Anchyra Partners LLC

Invesco QQQ logo with Finance background
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Key Points

  • Anchyra Partners LLC bought a new stake of 1,734 shares in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, valued at about $1,065,000 per the fund's SEC filing.
  • Market conditions are supporting inflows into QQQ—VIX has dipped below 19 and semiconductor/tech strength and Nasdaq momentum are positive drivers—but potential headwinds include two new Nasdaq‑100 ETF entrants and geopolitical/volatility risks.
  • QQQ is trading near its 52‑week high (opened at $664.10; 52‑week high $664.51) with 50‑ and 200‑day moving averages of $606.10 and $612.41, and pays a quarterly dividend of $0.7328 (annualized $2.93, ~0.4% yield).
  • Five stocks we like better than Invesco QQQ.

Anchyra Partners LLC purchased a new stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,734 shares of the exchange traded fund's stock, valued at approximately $1,065,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Aprio Wealth Management LLC grew its stake in shares of Invesco QQQ by 34.7% in the 4th quarter. Aprio Wealth Management LLC now owns 15,030 shares of the exchange traded fund's stock worth $9,233,000 after acquiring an additional 3,872 shares in the last quarter. Midwest Capital Advisors LLC lifted its position in shares of Invesco QQQ by 36.1% during the fourth quarter. Midwest Capital Advisors LLC now owns 162 shares of the exchange traded fund's stock valued at $100,000 after purchasing an additional 43 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in Invesco QQQ by 1.0% during the fourth quarter. D.A. Davidson & CO. now owns 184,078 shares of the exchange traded fund's stock worth $113,081,000 after purchasing an additional 1,901 shares during the last quarter. Investment Management Corp VA ADV boosted its holdings in Invesco QQQ by 38.6% during the fourth quarter. Investment Management Corp VA ADV now owns 1,538 shares of the exchange traded fund's stock worth $945,000 after purchasing an additional 428 shares during the last quarter. Finally, Alexis Investment Partners LLC grew its position in Invesco QQQ by 1.9% in the 4th quarter. Alexis Investment Partners LLC now owns 11,625 shares of the exchange traded fund's stock worth $7,178,000 after purchasing an additional 212 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Trading Up 0.0%

NASDAQ:QQQ opened at $664.10 on Monday. Invesco QQQ has a 52 week low of $462.43 and a 52 week high of $664.51. The firm has a 50-day moving average price of $606.10 and a two-hundred day moving average price of $612.41.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis 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.

Featured Stories

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ - Free Report).

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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