594 Shares in Invesco QQQ (NASDAQ:QQQ) Bought by Wolf Group Capital Advisors

Wolf Group Capital Advisors acquired a new stake in Invesco QQQ (NASDAQ:QQQ - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 594 shares of the exchange traded fund's stock, valued at approximately $279,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bridge Generations Wealth Management LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of Invesco QQQ during the fourth quarter worth $36,000. Midwest Capital Advisors LLC acquired a new position in shares of Invesco QQQ during the fourth quarter worth $51,000. Banque Transatlantique SA acquired a new position in shares of Invesco QQQ during the fourth quarter worth $57,000. Finally, Perritt Capital Management Inc acquired a new position in shares of Invesco QQQ during the fourth quarter worth $61,000. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Down 0.0%

Invesco QQQ stock opened at $528.99 on Thursday. The business has a 50 day moving average of $497.46 and a 200-day moving average of $503.26. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $540.81.

Invesco QQQ Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th were paid a $0.7157 dividend. The ex-dividend date was Monday, March 24th.

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.

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