Greenspring Advisors LLC Acquires 1,354 Shares of Invesco QQQ $QQQ

Greenspring Advisors LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 403.0% in the fourth quarter, HoldingsChannel reports. The fund owned 1,690 shares of the exchange traded fund’s stock after purchasing an additional 1,354 shares during the quarter. Greenspring Advisors LLC’s holdings in Invesco QQQ were worth $1,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter valued at $25,000. Shcp LLC bought a new position in Invesco QQQ in the 3rd quarter worth $27,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 43 shares during the period. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ in the 4th quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Invesco QQQ in the 3rd quarter worth $40,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Summary

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

Invesco QQQ Stock Down 0.5%

Shares of Invesco QQQ stock opened at $740.61 on Friday. The company has a fifty day moving average of $664.57 and a 200 day moving average of $630.59. Invesco QQQ has a fifty-two week low of $522.66 and a fifty-two week high of $748.65.

Invesco QQQ Cuts Dividend

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

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.

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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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