Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC grew its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 4.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,314 shares of the exchange traded fund's stock after acquiring an additional 1,212 shares during the quarter. Invesco QQQ makes up approximately 1.9% of Capital Advisors Ltd. LLC's holdings, making the stock its 13th largest position. Capital Advisors Ltd. LLC's holdings in Invesco QQQ were worth $14,684,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Proficio Capital Partners LLC grew its stake in Invesco QQQ by 51,292.3% during the 4th quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund's stock worth $5,879,434,000 after buying an additional 11,478,188 shares during the last quarter. Ameriprise Financial Inc. grew its stake in Invesco QQQ by 20.2% during the 4th quarter. Ameriprise Financial Inc. now owns 4,500,368 shares of the exchange traded fund's stock worth $2,300,993,000 after buying an additional 756,990 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Invesco QQQ by 0.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,116,706 shares of the exchange traded fund's stock worth $1,593,354,000 after buying an additional 27,115 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Invesco QQQ by 2.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,425,300 shares of the exchange traded fund's stock worth $1,239,886,000 after buying an additional 52,235 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in Invesco QQQ by 34.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,199,820 shares of the exchange traded fund's stock worth $1,124,614,000 after buying an additional 568,120 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Up 0.2%

QQQ stock traded up $1.25 during trading on Thursday, reaching $533.66. 33,939,410 shares of the company's stock were exchanged, compared to its average volume of 38,249,587. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $540.81. The company's fifty day moving average price is $488.16 and its 200-day moving average price is $502.45. The firm has a market cap of $334.42 billion, a PE ratio of 32.66 and a beta of 1.11.

Invesco QQQ Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were given a dividend of $0.7157 per share. The ex-dividend date was Monday, March 24th.

About Invesco QQQ

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.