Autumn Glory Partners LLC Buys 976 Shares of Invesco QQQ (NASDAQ:QQQ)

Autumn Glory Partners LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 118.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,798 shares of the exchange traded fund's stock after buying an additional 976 shares during the quarter. Autumn Glory Partners LLC's holdings in Invesco QQQ were worth $843,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of QQQ. Advisory Resource Group lifted its holdings in Invesco QQQ by 16.0% during the 1st quarter. Advisory Resource Group now owns 16,606 shares of the exchange traded fund's stock valued at $7,787,000 after purchasing an additional 2,286 shares during the last quarter. ERn Financial LLC raised its stake in shares of Invesco QQQ by 29.6% in the first quarter. ERn Financial LLC now owns 1,212 shares of the exchange traded fund's stock valued at $568,000 after acquiring an additional 277 shares during the last quarter. United Advisor Group LLC boosted its holdings in shares of Invesco QQQ by 0.9% in the 1st quarter. United Advisor Group LLC now owns 5,172 shares of the exchange traded fund's stock worth $2,425,000 after acquiring an additional 45 shares in the last quarter. Hartford Financial Management Inc. grew its position in Invesco QQQ by 20.4% during the 1st quarter. Hartford Financial Management Inc. now owns 1,164 shares of the exchange traded fund's stock worth $546,000 after acquiring an additional 197 shares during the last quarter. Finally, Compass Capital Corp MA ADV grew its position in Invesco QQQ by 17.2% during the 1st quarter. Compass Capital Corp MA ADV now owns 4,652 shares of the exchange traded fund's stock worth $2,169,000 after acquiring an additional 682 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Down 0.0%

QQQ stock opened at $528.99 on Friday. The business has a fifty day moving average price of $499.12 and a 200 day moving average price of $503.35. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $540.81.

Invesco QQQ Cuts Dividend

The firm also recently announced 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 of this dividend was Monday, March 24th.

Invesco QQQ Company 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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