Blackhawk Capital Partners LLC. lifted its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 55.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,461 shares of the exchange traded fund's stock after acquiring an additional 521 shares during the period. Blackhawk Capital Partners LLC.'s holdings in Invesco QQQ were worth $685,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. NWI Management LP boosted its stake in Invesco QQQ by 121.6% during the 4th quarter. NWI Management LP now owns 648,000 shares of the exchange traded fund's stock valued at $331,277,000 after acquiring an additional 3,648,000 shares during the last quarter. GAMMA Investing LLC boosted its stake in Invesco QQQ by 55,795.2% during the 1st quarter. GAMMA Investing LLC now owns 1,871,929 shares of the exchange traded fund's stock valued at $8,777,850,000 after acquiring an additional 1,868,580 shares during the last quarter. Senator Investment Group LP bought a new position in Invesco QQQ during the 4th quarter valued at $679,936,000. Spear Holdings RSC Ltd bought a new position in Invesco QQQ during the 1st quarter valued at $474,600,000. Finally, Asset Planning Services Inc. LA ADV boosted its stake in Invesco QQQ by 100,517.9% during the 1st quarter. Asset Planning Services Inc. LA ADV now owns 932,728 shares of the exchange traded fund's stock valued at $437,375,000 after acquiring an additional 931,801 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.
Invesco QQQ Trading Down 0.2%
NASDAQ QQQ traded down $1.25 during trading hours on Friday, reaching $554.20. 39,558,757 shares of the company traded hands, compared to its average volume of 39,410,558. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $557.63. The company has a 50 day moving average of $527.06 and a two-hundred day moving average of $505.91.
Invesco QQQ Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 23rd will be paid a dividend of $0.5911 per share. The ex-dividend date is Monday, June 23rd. This represents a $2.36 dividend on an annualized basis and a yield of 0.43%.
Invesco QQQ 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.
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