Significant Wealth Partners LLC lifted its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 67.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,688 shares of the exchange traded fund's stock after acquiring an additional 1,086 shares during the period. Invesco QQQ comprises approximately 0.6% of Significant Wealth Partners LLC's holdings, making the stock its 7th largest position. Significant Wealth Partners LLC's holdings in Invesco QQQ were worth $1,261,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the company. NWI Management LP lifted its stake in Invesco QQQ by 121.6% in the fourth quarter. NWI Management LP now owns 648,000 shares of the exchange traded fund's stock valued at $331,277,000 after acquiring an additional 3,648,000 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Invesco QQQ by 55,795.2% during the 1st quarter. GAMMA Investing LLC now owns 1,871,929 shares of the exchange traded fund's stock worth $8,777,850,000 after purchasing an additional 1,868,580 shares during the last quarter. Senator Investment Group LP bought a new position in shares of Invesco QQQ during the 4th quarter valued at $679,936,000. Spear Holdings RSC Ltd bought a new stake in Invesco QQQ in the first quarter worth $474,600,000. Finally, Asset Planning Services Inc. LA ADV increased its position in Invesco QQQ by 100,517.9% during the first quarter. Asset Planning Services Inc. LA ADV now owns 932,728 shares of the exchange traded fund's stock worth $437,375,000 after buying an additional 931,801 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.
Invesco QQQ Price Performance
NASDAQ QQQ traded down $0.80 during trading on Thursday, hitting $555.45. 34,532,031 shares of the company traded hands, compared to its average volume of 39,450,524. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $557.63. The business has a fifty day simple moving average of $524.27 and a 200 day simple moving average of $505.52.
Invesco QQQ Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Monday, June 23rd will be issued a dividend of $0.5911 per share. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $2.36 annualized dividend and a 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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