6,323 Shares in Invesco QQQ $QQQ Bought by Zinnia Wealth Advisory LLC

Zinnia Wealth Advisory LLC purchased a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 6,323 shares of the exchange traded fund’s stock, valued at approximately $3,884,000. Invesco QQQ accounts for approximately 4.2% of Zinnia Wealth Advisory LLC’s portfolio, making the stock its 3rd largest holding.

Other institutional investors have also bought and sold shares of the company. Goodman Advisory Group LLC bought a new stake in shares of Invesco QQQ in the 3rd quarter worth about $25,000. Shcp LLC bought a new position in shares of Invesco QQQ in the 3rd quarter valued at about $27,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Invesco QQQ by 2,150.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 43 shares in the last quarter. Rachor Investment Advisory Services LLC purchased a new position in Invesco QQQ in the fourth quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in Invesco QQQ during the third quarter worth approximately $40,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $721.34 on Monday. Invesco QQQ has a 1 year low of $523.65 and a 1 year high of $748.65. The stock’s 50 day simple moving average is $680.91 and its two-hundred day simple moving average is $635.39.

Invesco QQQ Cuts Dividend

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

Invesco QQQ News Roundup

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

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.

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)

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.