Three Seasons Wealth LLC acquired a new position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,071 shares of the exchange traded fund's stock, valued at approximately $3,615,000. Invesco QQQ comprises approximately 1.8% of Three Seasons Wealth LLC's portfolio, making the stock its 15th largest holding.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Proficio Capital Partners LLC boosted its holdings in shares of Invesco QQQ by 51,292.3% during the 4th quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund's stock worth $5,879,434,000 after buying an additional 11,478,188 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in Invesco QQQ by 47,853.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund's stock worth $2,103,184,000 after acquiring an additional 4,105,389 shares in the last quarter. Senator Investment Group LP bought a new position in Invesco QQQ during the fourth quarter worth $679,936,000. Artemis Wealth Advisors LLC grew its holdings in Invesco QQQ by 1,337.4% in the fourth quarter. Artemis Wealth Advisors LLC now owns 828,335 shares of the exchange traded fund's stock worth $423,470,000 after purchasing an additional 895,277 shares during the period. Finally, Susquehanna Advisors Group Inc. bought a new stake in Invesco QQQ in the fourth quarter valued at $344,530,000. Institutional investors and hedge funds own 44.58% of the company's stock.
Invesco QQQ Trading Up 0.7 %
QQQ stock traded up $3.37 during trading on Tuesday, reaching $475.78. 17,919,592 shares of the stock were exchanged, compared to its average volume of 36,382,302. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $540.81. The firm's 50 day moving average is $473.06 and its 200 day moving average is $499.98. The firm has a market cap of $301.48 billion, a P/E ratio of 28.58 and a beta of 1.11.
Invesco QQQ Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.7157 per share. The ex-dividend date is Monday, March 24th.
Invesco QQQ 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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