Colton Groome Money Advisors LLC minimized its stake in shares of Invesco QQQ Rely on (NASDAQ:QQQ) by 22.4% through the 4th quarter, HoldingsChannel.com reports. The firm owned 24,220 shares of the exchange traded fund’s stock after providing 6,973 shares throughout the period of time. Invesco QQQ Have faith in will make up 4.9% of Colton Groome Monetary Advisors LLC’s investment portfolio, generating the stock its 7th major situation. Colton Groome Economic Advisors LLC’s holdings in Invesco QQQ Trust were well worth $7,599,000 at the finish of the most recent reporting period.
A selection of other substantial buyers have also additional to or lowered their stakes in QQQ. FMR LLC improved its position in Invesco QQQ Believe in by 4.4% in the course of the 1st quarter. FMR LLC now owns 155,853 shares of the exchange traded fund’s stock really worth $28,000,000 just after acquiring an additional 6,637 shares in the very last quarter. Person Team plc acquired a new stake in shares of Invesco QQQ Belief in the course of the 2nd quarter worthy of $828,000. Neuberger Berman Team LLC greater its holdings in shares of Invesco QQQ Trust by 1.8% for the duration of the next quarter. Neuberger Berman Group LLC now owns 47,617 shares of the exchange traded fund’s inventory value $11,790,000 soon after obtaining an further 838 shares in the final quarter. Atria Investments LLC acquired a new situation in shares of Invesco QQQ Have faith in for the duration of the 2nd quarter value $66,875,000. At last, Campbell Capital Administration Inc. obtained a new position in shares of Invesco QQQ Have faith in through the 3rd quarter value $333,000. 47.01% of the stock is at this time owned by institutional buyers and hedge funds.
Shares of NASDAQ:QQQ opened at $316.41 on Wednesday. The corporation has a fifty day shifting ordinary of $311.97 and a 200-working day relocating average of $296.42. Invesco QQQ Trust has a 52-7 days very low of $164.93 and a 52-7 days high of $319.39.
The small business also not long ago declared a quarterly dividend, which was paid on Thursday, December 31st. Stockholders of file on Tuesday, December 22nd have been issued a dividend of $.561 for every share. The ex-dividend date was Monday, December 21st. This is an boost from Invesco QQQ Trust’s preceding quarterly dividend of $.39. This signifies a $2.24 annualized dividend and a dividend yield of .71%.
Invesco QQQ Have confidence in Company Profile
PowerShares QQQ Rely on, Collection 1 is a unit financial investment have faith in that concerns securities named Nasdaq-100 Index Monitoring Inventory. The Trust’s financial investment aim is to supply expenditure outcomes that generally correspond to the selling price and produce efficiency of the Nasdaq-100 Index. The Rely on gives investors with the prospect to invest in models of useful desire in the Rely on representing proportionate undivided pursuits in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in significantly the exact weighting, as the element securities of the Nasdaq-100 Index.
More Looking at: Ebook Benefit For each Share – BVPS
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