Fidelis Capital Partners LLC Has $2.48 Million Holdings in Invesco QQQ (NASDAQ:QQQ)

Fidelis Capital Partners LLC lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 184.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,058 shares of the exchange traded fund’s stock after buying an additional 3,932 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Invesco QQQ were worth $2,481,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Western Wealth Management LLC increased its position in shares of Invesco QQQ by 4.8% during the fourth quarter. Western Wealth Management LLC now owns 147,370 shares of the exchange traded fund’s stock worth $60,351,000 after buying an additional 6,709 shares during the period. Obermeyer Wood Investment Counsel Lllp increased its position in shares of Invesco QQQ by 51.0% during the fourth quarter. Obermeyer Wood Investment Counsel Lllp now owns 23,968 shares of the exchange traded fund’s stock worth $9,815,000 after buying an additional 8,096 shares during the period. Gray Wealth Management Inc. grew its holdings in Invesco QQQ by 1.8% in the fourth quarter. Gray Wealth Management Inc. now owns 12,143 shares of the exchange traded fund’s stock worth $4,973,000 after purchasing an additional 210 shares during the period. Family Capital Management Inc. grew its holdings in Invesco QQQ by 1.1% in the fourth quarter. Family Capital Management Inc. now owns 32,323 shares of the exchange traded fund’s stock worth $13,237,000 after purchasing an additional 359 shares during the period. Finally, Integral Investment Advisors Inc. grew its holdings in Invesco QQQ by 3.7% in the fourth quarter. Integral Investment Advisors Inc. now owns 17,467 shares of the exchange traded fund’s stock worth $7,153,000 after purchasing an additional 625 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.6 %

NASDAQ:QQQ traded down $2.43 during trading hours on Thursday, reaching $423.41. The company had a trading volume of 46,045,029 shares, compared to its average volume of 45,625,719. The business’s 50-day simple moving average is $438.24 and its two-hundred day simple moving average is $407.40. Invesco QQQ has a twelve month low of $309.89 and a twelve month high of $449.34.

Invesco QQQ Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders 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 yield of 0.54%. The ex-dividend date is Monday, March 18th.

Invesco QQQ Company Profile

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.