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TD Waterhouse Canada Inc. Grows Holdings in Invesco QQQ $QQQ

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Key Points

  • TD Waterhouse Canada Inc. increased its stake in Invesco QQQ by 2.5% in Q4, buying 1,883 shares to hold 77,219 shares valued at $47,433,000.
  • QQQ opened at $648.85, trading near its 1‑year high of $650.00 (1‑year low $427.93) with a 50‑day moving average of $601.69 and a 200‑day moving average of $610.79.
  • Invesco QQQ pays a quarterly dividend of $0.7328 ($2.93 annualized, ~0.5% yield) and faces mixed market sentiment—ongoing demand for mega‑cap tech but risks from tighter Fed policy, liquidity concerns and calls for a possible market drawdown.
  • Interested in Invesco QQQ? Here are five stocks we like better.

TD Waterhouse Canada Inc. increased its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,219 shares of the exchange traded fund's stock after buying an additional 1,883 shares during the period. TD Waterhouse Canada Inc.'s holdings in Invesco QQQ were worth $47,433,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sovran Advisors LLC increased its stake in Invesco QQQ by 8.0% during the 4th quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund's stock worth $11,212,000 after buying an additional 1,340 shares during the period. Fifth Third Securities Inc. increased its stake in Invesco QQQ by 2.6% during the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund's stock worth $65,959,000 after buying an additional 2,822 shares during the period. SK Wealth Management LLC acquired a new position in Invesco QQQ during the 3rd quarter worth $803,000. Corepath Wealth Partners LLC grew its holdings in Invesco QQQ by 19.7% during the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund's stock worth $5,471,000 after acquiring an additional 1,436 shares in the last quarter. Finally, Great Point Wealth Advisors LLC acquired a new position in Invesco QQQ during the 3rd quarter worth $507,000. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $648.85 on Monday. Invesco QQQ has a 1-year low of $427.93 and a 1-year high of $650.00. The firm has a fifty day moving average of $601.69 and a two-hundred day moving average of $610.79.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.7328 per share. This represents a $2.93 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

Key Headlines Impacting Invesco QQQ

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).

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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