Invesco QQQ $QQQ Shares Acquired by Serenus Wealth Advisors LLC

Serenus Wealth Advisors LLC grew its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 108,909 shares of the exchange traded fund’s stock after buying an additional 1,028 shares during the quarter. Invesco QQQ accounts for about 8.1% of Serenus Wealth Advisors LLC’s portfolio, making the stock its 4th largest holding. Serenus Wealth Advisors LLC’s holdings in Invesco QQQ were worth $61,627,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Sovran Advisors LLC increased its stake in Invesco QQQ by 8.0% during the 4th quarter. Sovran Advisors LLC now owns 18,032 shares of the exchange traded fund’s stock worth $11,212,000 after buying an additional 1,340 shares in the last quarter. Corepath Wealth Partners LLC increased its stake in Invesco QQQ by 19.7% during the 4th quarter. Corepath Wealth Partners LLC now owns 8,723 shares of the exchange traded fund’s stock worth $5,471,000 after buying an additional 1,436 shares in the last quarter. Great Point Wealth Advisors LLC purchased a new stake in Invesco QQQ during the 3rd quarter worth approximately $507,000. Strengthening Families & Communities LLC purchased a new stake in Invesco QQQ during the 3rd quarter worth approximately $10,771,000. Finally, Cane Capital Partners LLC purchased a new stake in Invesco QQQ during the 4th quarter worth approximately $715,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Trading Down 0.6%

NASDAQ:QQQ opened at $651.42 on Friday. Invesco QQQ has a 12 month low of $455.83 and a 12 month high of $656.92. The stock has a 50 day moving average of $604.85 and a two-hundred day moving average of $611.96.

Invesco QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.7328 per share. This represents a $2.93 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, March 23rd.

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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