Three Seasons Wealth LLC Buys Shares of 18,077 Invesco QQQ $QQQ

Three Seasons Wealth LLC bought a new position in Invesco QQQ (NASDAQ:QQQFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,077 shares of the exchange traded fund’s stock, valued at approximately $11,105,000. Invesco QQQ comprises about 1.1% of Three Seasons Wealth LLC’s investment portfolio, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Securities Inc. raised its holdings in Invesco QQQ by 2.6% during the third quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after buying an additional 2,822 shares in the last quarter. SK Wealth Management LLC acquired a new stake in shares of Invesco QQQ in the third quarter worth about $803,000. Corepath Wealth Partners LLC boosted its stake in shares of 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 acquiring an additional 1,436 shares in the last quarter. Great Point Wealth Advisors LLC bought a new stake in shares of Invesco QQQ during the 3rd quarter worth about $507,000. Finally, Strengthening Families & Communities LLC acquired a new position in shares of Invesco QQQ during the 3rd quarter valued at about $10,771,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Key Invesco QQQ News

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

Invesco QQQ Price Performance

Shares of QQQ stock opened at $584.31 on Thursday. The stock’s 50 day simple moving average is $603.55 and its 200 day simple moving average is $609.38. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01.

Invesco QQQ Cuts Dividend

The business also recently declared 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 yield of 0.5%. 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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