Ndwm LLC Buys New Holdings in Invesco QQQ (NASDAQ:QQQ)

Ndwm LLC purchased a new position in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,284 shares of the exchange traded fund’s stock, valued at approximately $2,574,000. Invesco QQQ makes up approximately 2.5% of Ndwm LLC’s holdings, making the stock its 9th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank Hapoalim BM boosted its stake in Invesco QQQ by 6.3% in the 4th quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock valued at $31,669,000 after buying an additional 4,549 shares in the last quarter. Aviance Capital Partners LLC raised its position in Invesco QQQ by 29.7% in the 4th quarter. Aviance Capital Partners LLC now owns 4,514 shares of the exchange traded fund’s stock valued at $1,848,000 after purchasing an additional 1,033 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Invesco QQQ by 6.1% in the third quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock worth $1,530,696,000 after purchasing an additional 243,305 shares in the last quarter. VitalStone Financial LLC grew its holdings in shares of Invesco QQQ by 302.0% during the third quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock worth $8,099,000 after purchasing an additional 16,079 shares during the last quarter. Finally, Scarborough Advisors LLC increased its stake in shares of Invesco QQQ by 73.3% in the third quarter. Scarborough Advisors LLC now owns 1,374 shares of the exchange traded fund’s stock valued at $492,000 after buying an additional 581 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock traded up $4.29 during trading on Friday, reaching $457.95. The company’s stock had a trading volume of 29,669,461 shares, compared to its average volume of 33,694,408. The stock has a 50-day moving average price of $439.25 and a two-hundred day moving average price of $422.38. Invesco QQQ has a one year low of $336.67 and a one year high of $460.58.

Invesco QQQ Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were paid a $0.5735 dividend. This represents a $2.29 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date of this dividend was Monday, March 18th.

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.

Further Reading

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

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