Golden Reserve Retirement LLC raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 16.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 113,520 shares of the exchange traded fund's stock after acquiring an additional 16,320 shares during the period. Invesco QQQ makes up about 12.9% of Golden Reserve Retirement LLC's portfolio, making the stock its 3rd biggest position. Golden Reserve Retirement LLC's holdings in Invesco QQQ were worth $69,736,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Wise Wealth Partners lifted its stake in Invesco QQQ by 9.4% during the 4th quarter. Wise Wealth Partners now owns 2,288 shares of the exchange traded fund's stock valued at $1,406,000 after acquiring an additional 197 shares during the period. NBC Securities Inc. lifted its stake in Invesco QQQ by 8.2% during the 4th quarter. NBC Securities Inc. now owns 19,386 shares of the exchange traded fund's stock valued at $11,909,000 after acquiring an additional 1,474 shares during the period. White Pine Investment CO lifted its stake in Invesco QQQ by 0.7% during the 4th quarter. White Pine Investment CO now owns 12,590 shares of the exchange traded fund's stock valued at $7,734,000 after acquiring an additional 88 shares during the period. Field & Main Bank acquired a new stake in Invesco QQQ during the 4th quarter valued at approximately $246,000. Finally, AGP Franklin LLC acquired a new stake in Invesco QQQ during the 4th quarter valued at approximately $212,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ Stock Performance
Shares of NASDAQ QQQ opened at $664.10 on Friday. The company has a 50 day simple moving average of $606.10 and a two-hundred day simple moving average of $612.35. Invesco QQQ has a 12 month low of $462.43 and a 12 month high of $664.51.
Invesco QQQ Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.7328 dividend. This represents a $2.93 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, March 23rd.
Invesco QQQ News Summary
Here are the key news stories impacting Invesco QQQ this week:
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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