Analyst IMS Investment Management Services Ltd. lifted its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,050,711 shares of the exchange traded fund's stock after purchasing an additional 15,573 shares during the quarter. Invesco QQQ accounts for approximately 19.2% of Analyst IMS Investment Management Services Ltd.'s investment portfolio, making the stock its 2nd biggest holding. Analyst IMS Investment Management Services Ltd. owned 0.16% of Invesco QQQ worth $492,699,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in QQQ. Bridge Generations Wealth Management LLC bought a new position in Invesco QQQ in the fourth quarter valued at approximately $35,000. Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $36,000. Midwest Capital Advisors LLC acquired a new stake in shares of Invesco QQQ in the 4th quarter valued at approximately $51,000. Banque Transatlantique SA bought a new position in shares of Invesco QQQ in the fourth quarter valued at $57,000. Finally, Perritt Capital Management Inc bought a new position in shares of Invesco QQQ in the fourth quarter valued at $61,000. Institutional investors and hedge funds own 44.58% of the company's stock.
Invesco QQQ Price Performance
QQQ traded down $0.09 during trading on Thursday, reaching $528.99. 43,800,167 shares of the stock were exchanged, compared to its average volume of 38,526,600. The stock's 50 day moving average price is $497.46 and its two-hundred day moving average price is $503.26. Invesco QQQ has a twelve month low of $402.39 and a twelve month 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 dividend of $0.7157 per share. The ex-dividend date of this dividend was Monday, March 24th.
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.
See Also
Before you consider Invesco QQQ, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco QQQ wasn't on the list.
While Invesco QQQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for June 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
