2,147 Shares in Invesco QQQ $QQQ Acquired by Kingdom Financial Group LLC.

by · The Cerbat Gem

Kingdom Financial Group LLC. purchased a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 2,147 shares of the exchange traded fund’s stock, valued at approximately $1,319,000. Invesco QQQ comprises 0.4% of Kingdom Financial Group LLC.’s portfolio, making the stock its 23rd largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Addison Advisors LLC grew its position in Invesco QQQ by 4.4% during the fourth quarter. Addison Advisors LLC now owns 1,457 shares of the exchange traded fund’s stock valued at $895,000 after acquiring an additional 61 shares during the last quarter. Resolute Wealth Strategies LLC grew its position in Invesco QQQ by 2.9% during the fourth quarter. Resolute Wealth Strategies LLC now owns 1,363 shares of the exchange traded fund’s stock valued at $837,000 after acquiring an additional 38 shares during the last quarter. One Degree Advisors Inc boosted its stake in shares of Invesco QQQ by 8.0% during the fourth quarter. One Degree Advisors Inc now owns 1,640 shares of the exchange traded fund’s stock valued at $1,007,000 after purchasing an additional 122 shares during the period. BOK Financial Private Wealth Inc. boosted its stake in shares of Invesco QQQ by 5.7% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 2,449 shares of the exchange traded fund’s stock valued at $1,504,000 after purchasing an additional 132 shares during the period. Finally, Goldenstone Wealth Management LLC purchased a new stake in shares of Invesco QQQ during the fourth quarter valued at approximately $542,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $714.51 on Friday. Invesco QQQ has a fifty-two week low of $505.58 and a fifty-two week high of $722.03. The business has a 50 day moving average price of $636.60 and a 200-day moving average price of $622.40.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.7328 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%.

Key Invesco QQQ News

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

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.

See Also

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