Crescent Sterling Ltd. acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 612 shares of the exchange traded fund's stock, valued at approximately $287,000.
A number of other institutional investors also recently made changes to their positions in QQQ. PayPay Securities Corp raised its holdings in shares of Invesco QQQ by 276.9% during the fourth quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund's stock worth $25,000 after acquiring an additional 36 shares in the last quarter. Bridge Generations Wealth Management LLC acquired a new stake in Invesco QQQ during the fourth quarter worth $35,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at about $36,000. Roxbury Financial LLC acquired a new position in Invesco QQQ in the fourth quarter valued at about $37,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Invesco QQQ in the 4th quarter worth approximately $51,000. 44.58% of the stock is owned by institutional investors and hedge funds.
Invesco QQQ Trading Down 0.3%
NASDAQ QQQ traded down $1.80 on Wednesday, hitting $532.41. 53,362,792 shares of the company were exchanged, compared to its average volume of 38,250,616. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $540.81. The firm has a 50 day moving average of $485.97 and a two-hundred day moving average of $502.25. The company has a market cap of $333.63 billion, a P/E ratio of 32.66 and a beta of 1.11.
Invesco QQQ Cuts Dividend
The business also recently announced a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were paid a $0.7157 dividend. 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.
Read More
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
