Invesco QQQ (NASDAQ:QQQ) Shares Acquired by David J Yvars Group

David J Yvars Group lifted its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 6.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,395 shares of the exchange traded fund's stock after purchasing an additional 1,622 shares during the period. Invesco QQQ makes up 10.5% of David J Yvars Group's holdings, making the stock its 2nd biggest holding. David J Yvars Group's holdings in Invesco QQQ were worth $13,315,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in QQQ. Proficio Capital Partners LLC increased its stake in shares of Invesco QQQ by 51,292.3% during the fourth 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 period. Ameriprise Financial Inc. increased its position in shares of Invesco QQQ by 20.2% in the 4th quarter. Ameriprise Financial Inc. now owns 4,500,368 shares of the exchange traded fund's stock valued at $2,300,993,000 after purchasing an additional 756,990 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Invesco QQQ by 0.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,116,706 shares of the exchange traded fund's stock valued at $1,593,354,000 after purchasing an additional 27,115 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Invesco QQQ by 2.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,425,300 shares of the exchange traded fund's stock valued at $1,239,886,000 after purchasing an additional 52,235 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of 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 purchasing an additional 568,120 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 1.5%

Shares of QQQ stock traded up $7.80 on Monday, reaching $534.76. 15,343,413 shares of the stock were exchanged, compared to its average volume of 38,341,300. The company has a market capitalization of $335.11 billion, a price-to-earnings ratio of 32.66 and a beta of 1.11. The business's 50 day moving average price is $492.58 and its 200 day moving average price is $502.73. 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 disclosed a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 24th were given a dividend of $0.7157 per share. The ex-dividend date was Monday, March 24th.

Invesco QQQ 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.