3,951 Shares in Invesco QQQ Trust (NASDAQ:QQQ) Acquired by StoneCrest Wealth Management Inc.

StoneCrest Wealth Management Inc. purchased a new position in shares of Invesco QQQ Trust (NASDAQ:QQQFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,951 shares of the exchange traded fund’s stock, valued at approximately $1,618,000. Invesco QQQ Trust comprises approximately 1.6% of StoneCrest Wealth Management Inc.’s holdings, making the stock its 21st biggest holding.

A number of other large investors also recently modified their holdings of the business. VisionPoint Advisory Group LLC acquired a new position in Invesco QQQ Trust in the second quarter valued at about $36,000. Russell Investments Group Ltd. bought a new position in shares of Invesco QQQ Trust during the 2nd quarter worth approximately $44,000. Core Wealth Advisors Inc. boosted its stake in shares of Invesco QQQ Trust by 33.3% during the 3rd quarter. Core Wealth Advisors Inc. now owns 120 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 30 shares during the period. Blume Capital Management Inc. raised its holdings in shares of Invesco QQQ Trust by 104.0% during the 3rd quarter. Blume Capital Management Inc. now owns 135 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 3,500 shares in the last quarter. Finally, Investors Research Corp raised its holdings in shares of Invesco QQQ Trust by 83.5% during the 2nd quarter. Investors Research Corp now owns 156 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 71 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trust Stock Up 0.1 %

NASDAQ:QQQ traded up $0.63 on Monday, hitting $444.64. The stock had a trading volume of 22,758,265 shares, compared to its average volume of 44,603,664. Invesco QQQ Trust has a 52 week low of $309.89 and a 52 week high of $449.34. The business’s fifty day moving average is $434.91 and its 200 day moving average is $400.81.

Invesco QQQ Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, March 19th will be issued a $0.5735 dividend. This represents a $2.29 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Monday, March 18th.

About Invesco QQQ Trust

(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

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

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