Snider Financial Group Boosts Stock Position in Invesco QQQ $QQQ

Snider Financial Group grew its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 71.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,101 shares of the exchange traded fund’s stock after buying an additional 1,290 shares during the period. Snider Financial Group’s holdings in Invesco QQQ were worth $1,905,000 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. Goodman Advisory Group LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at about $25,000. Shcp LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at about $27,000. Navigoe LLC lifted its position in shares of Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at about $40,000. Finally, PayPay Securities Corp lifted its position in shares of Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 30 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Stock Up 3.0%

QQQ stock opened at $606.09 on Thursday. Invesco QQQ has a twelve month low of $415.43 and a twelve month high of $637.01. The business’s 50-day moving average price is $599.95 and its 200-day moving average price is $609.28.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a yield of 0.5%.

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.

See Also

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:QQQFree Report).

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

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