Invesco QQQ (NASDAQ:QQQ) Position Increased by Stephens Inc. AR

Stephens Inc. AR increased its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 13.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 237,637 shares of the exchange traded fund’s stock after buying an additional 27,327 shares during the period. Invesco QQQ comprises about 1.7% of Stephens Inc. AR’s portfolio, making the stock its 7th biggest position. Stephens Inc. AR’s holdings in Invesco QQQ were worth $97,317,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in QQQ. Summit X LLC raised its position in Invesco QQQ by 0.4% during the fourth quarter. Summit X LLC now owns 5,983 shares of the exchange traded fund’s stock valued at $2,451,000 after buying an additional 24 shares during the period. IMA Wealth Inc. lifted its position in shares of Invesco QQQ by 1.3% in the 3rd quarter. IMA Wealth Inc. now owns 1,940 shares of the exchange traded fund’s stock worth $695,000 after acquiring an additional 25 shares during the period. S.A. Mason LLC lifted its position in shares of Invesco QQQ by 1.5% in the 4th quarter. S.A. Mason LLC now owns 1,700 shares of the exchange traded fund’s stock worth $696,000 after acquiring an additional 25 shares during the period. Lauterbach Financial Advisors LLC lifted its position in shares of Invesco QQQ by 0.4% in the 4th quarter. Lauterbach Financial Advisors LLC now owns 5,606 shares of the exchange traded fund’s stock worth $2,296,000 after acquiring an additional 25 shares during the period. Finally, Cedrus LLC raised its holdings in shares of Invesco QQQ by 1.7% in the 4th quarter. Cedrus LLC now owns 1,456 shares of the exchange traded fund’s stock worth $596,000 after buying an additional 25 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Trading Up 0.0 %

Shares of QQQ traded up $0.10 during mid-day trading on Friday, reaching $463.47. The company had a trading volume of 8,461,836 shares, compared to its average volume of 42,380,332. Invesco QQQ has a twelve month low of $342.35 and a twelve month high of $464.85. The company’s 50-day moving average is $441.68 and its 200-day moving average is $426.52.

Invesco QQQ Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th were issued a $0.5735 dividend. The ex-dividend date was Monday, March 18th. This represents a $2.29 dividend on an annualized basis and a dividend yield of 0.49%.

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

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