Clarius Group LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 429.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,782 shares of the exchange traded fund's stock after buying an additional 18,475 shares during the period. Invesco QQQ accounts for 0.7% of Clarius Group LLC's holdings, making the stock its 25th biggest holding. Clarius Group LLC's holdings in Invesco QQQ were worth $10,683,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Bridge Generations Wealth Management LLC bought a new position in shares of Invesco QQQ in the fourth quarter valued at approximately $35,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in Invesco QQQ during the 4th quarter valued at $36,000. Midwest Capital Advisors LLC bought a new position in Invesco QQQ during the 4th quarter valued at $51,000. Banque Transatlantique SA purchased a new position in Invesco QQQ during the 4th quarter worth $57,000. Finally, Perritt Capital Management Inc bought a new stake in shares of Invesco QQQ in the 4th quarter worth $61,000. Institutional investors own 44.58% of the company's stock.
Invesco QQQ Stock Performance
Shares of NASDAQ QQQ opened at $529.08 on Wednesday. The stock's 50 day moving average price is $496.20 and its 200-day moving average price is $503.08. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $540.81.
Invesco QQQ Cuts Dividend
The firm also recently announced a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were issued a dividend of $0.7157 per share. The ex-dividend date of this dividend was Monday, March 24th.
Invesco QQQ Company Profile
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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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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ - Free Report).
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