Invesco QQQ $QQQ is Tyche Wealth Partners LLC’s 10th Largest Position

by · The Cerbat Gem

Tyche Wealth Partners LLC increased its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 6.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 19,864 shares of the exchange traded fund’s stock after buying an additional 1,168 shares during the quarter. Invesco QQQ makes up about 1.9% of Tyche Wealth Partners LLC’s portfolio, making the stock its 10th largest position. Tyche Wealth Partners LLC’s holdings in Invesco QQQ were worth $12,203,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Goodman Advisory Group LLC purchased a new position in shares of Invesco QQQ in the third quarter valued at $25,000. Shcp LLC purchased a new position in shares of Invesco QQQ in the third quarter valued at $27,000. Navigoe LLC grew its position in shares of Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in Invesco QQQ during the third quarter valued at $40,000. Finally, PayPay Securities Corp boosted its stake in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 30 shares during the period. 44.58% of the stock is currently 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

NASDAQ:QQQ opened at $628.38 on Wednesday. Invesco QQQ has a 52-week low of $427.93 and a 52-week high of $637.01. The stock has a fifty day moving average of $599.41 and a 200 day moving average of $609.92.

Invesco QQQ Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid 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 yield of 0.5%.

About Invesco QQQ

(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.

Featured Stories

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