Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Paragon Private Wealth Management LLC

Paragon Private Wealth Management LLC grew its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 12.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,407 shares of the exchange traded fund’s stock after buying an additional 160 shares during the period. Paragon Private Wealth Management LLC’s holdings in Invesco QQQ were worth $576,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of QQQ. Red Tortoise LLC raised its position in shares of Invesco QQQ by 370.0% in the fourth quarter. Red Tortoise LLC now owns 94 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 74 shares during the last quarter. Robinson Capital Management LLC acquired a new stake in shares of Invesco QQQ in the fourth quarter valued at about $40,000. Friedenthal Financial acquired a new stake in shares of Invesco QQQ in the fourth quarter valued at about $41,000. Bear Mountain Capital Inc. acquired a new stake in shares of Invesco QQQ in the fourth quarter valued at about $42,000. Finally, Core Wealth Advisors Inc. raised its position in shares of Invesco QQQ by 33.3% in the third quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 30 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ traded down $0.22 during mid-day trading on Friday, reaching $451.76. The company’s stock had a trading volume of 35,803,719 shares, compared to its average volume of 39,883,960. The stock has a 50-day moving average of $437.57 and a two-hundred day moving average of $419.33. Invesco QQQ has a 1-year low of $329.56 and a 1-year high of $454.69.

Invesco QQQ Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th were given a dividend of $0.5735 per share. This represents a $2.29 annualized dividend and a yield of 0.51%. The ex-dividend date was Monday, March 18th.

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

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