CWA Asset Management Group LLC increased its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 19.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,559 shares of the exchange traded fund's stock after purchasing an additional 1,211 shares during the period. CWA Asset Management Group LLC's holdings in Invesco QQQ were worth $3,544,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the business. Wilkins Miller Wealth Management LLC bought a new position in shares of Invesco QQQ in the 4th quarter valued at about $1,018,000. Synergy Investment Management LLC purchased a new stake in Invesco QQQ during the fourth quarter valued at approximately $723,000. Grant Private Wealth Management Inc purchased a new position in shares of Invesco QQQ in the 4th quarter worth approximately $815,000. Tandem Investment Partners LLC bought a new position in shares of Invesco QQQ during the 4th quarter valued at approximately $4,623,000. Finally, Gemsstock Ltd. raised its holdings in Invesco QQQ by 266.4% during the 4th quarter. Gemsstock Ltd. now owns 293,500 shares of the exchange traded fund's stock valued at $150,046,000 after buying an additional 213,400 shares during the period. Institutional investors own 44.58% of the company's stock.
Invesco QQQ Stock Down 0.0%
QQQ traded down $0.09 during trading on Thursday, reaching $528.99. The company had a trading volume of 43,800,167 shares, compared to its average volume of 38,526,600. The business has a 50 day simple moving average of $497.46 and a 200-day simple moving average of $503.26. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $540.81.
Invesco QQQ Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th were given a $0.7157 dividend. The ex-dividend date was Monday, March 24th.
Invesco QQQ Company Profile
(
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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