Generali Investments CEE investicni spolecnost a.s. boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 32.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,191 shares of the exchange traded fund's stock after buying an additional 5,991 shares during the quarter. Invesco QQQ accounts for about 1.1% of Generali Investments CEE investicni spolecnost a.s.'s portfolio, making the stock its 14th largest holding. Generali Investments CEE investicni spolecnost a.s.'s holdings in Invesco QQQ were worth $11,344,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Bridge Generations Wealth Management LLC purchased a new stake in Invesco QQQ in the 4th quarter valued at $35,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in Invesco QQQ in the fourth quarter valued at $36,000. Alpine Bank Wealth Management purchased a new position in shares of Invesco QQQ during the 1st quarter worth $50,000. Westend Capital Management LLC purchased a new position in shares of Invesco QQQ during the 1st quarter worth $51,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Invesco QQQ during the 4th quarter worth about $57,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.
Invesco QQQ Stock Up 0.9%
NASDAQ QQQ opened at $555.88 on Friday. The firm's 50-day moving average is $519.53 and its two-hundred day moving average is $504.75. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $557.20.
Invesco QQQ Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd will be issued a $0.5911 dividend. The ex-dividend date is Monday, June 23rd. This represents a $2.36 annualized dividend and a dividend yield of 0.43%.
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.
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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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