Invesco QQQ (NASDAQ:QQQ) Shares Bought by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 17.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,652 shares of the exchange traded fund's stock after buying an additional 682 shares during the quarter. Invesco QQQ makes up approximately 1.1% of Compass Capital Corp MA ADV's portfolio, making the stock its 25th biggest position. Compass Capital Corp MA ADV's holdings in Invesco QQQ were worth $2,169,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in QQQ. Tallon Kerry Patrick acquired a new stake in shares of Invesco QQQ during the 4th quarter worth about $4,904,000. Capital & Planning LLC increased its stake in Invesco QQQ by 5.0% in the fourth quarter. Capital & Planning LLC now owns 4,844 shares of the exchange traded fund's stock valued at $2,477,000 after purchasing an additional 229 shares during the last quarter. Naviter Wealth LLC raised its holdings in Invesco QQQ by 8.8% during the fourth quarter. Naviter Wealth LLC now owns 1,320 shares of the exchange traded fund's stock worth $675,000 after purchasing an additional 107 shares in the last quarter. Eagle Capital Management LLC lifted its position in shares of Invesco QQQ by 0.3% during the 4th quarter. Eagle Capital Management LLC now owns 60,686 shares of the exchange traded fund's stock worth $31,025,000 after buying an additional 185 shares during the last quarter. Finally, Brighton Jones LLC boosted its holdings in shares of Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund's stock valued at $19,605,000 after buying an additional 4,989 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 0.0%

Shares of NASDAQ:QQQ opened at $528.99 on Friday. The company's fifty day moving average price is $499.12 and its 200 day moving average price is $503.35. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $540.81.

Invesco QQQ Cuts Dividend

The company also recently announced 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 of this dividend 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.

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