Bogart Wealth LLC Buys 426 Shares of Invesco QQQ Trust (QQQ)

Bogart Wealth LLC grew its stake in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 5.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 7,632 shares of the exchange traded fund’s stock after acquiring an additional 426 shares during the quarter. Bogart Wealth LLC’s holdings in Invesco QQQ Trust were worth $1,371,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in shares of Invesco QQQ Trust by 31.9% during the 3rd quarter. Morgan Stanley now owns 18,007,827 shares of the exchange traded fund’s stock worth $3,345,675,000 after buying an additional 4,353,877 shares during the last quarter. Deutsche Bank AG lifted its position in shares of Invesco QQQ Trust by 267,182.0% during the 4th quarter. Deutsche Bank AG now owns 5,043,612 shares of the exchange traded fund’s stock worth $778,025,000 after buying an additional 5,041,725 shares during the last quarter. Banque Pictet & Cie SA lifted its position in shares of Invesco QQQ Trust by 569.1% during the 4th quarter. Banque Pictet & Cie SA now owns 3,159,757 shares of the exchange traded fund’s stock worth $487,424,000 after buying an additional 2,687,482 shares during the last quarter. Pictet North America Advisors SA lifted its position in shares of Invesco QQQ Trust by 14,018.3% during the 4th quarter. Pictet North America Advisors SA now owns 3,041,795 shares of the exchange traded fund’s stock worth $469,227,000 after buying an additional 3,020,250 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Invesco QQQ Trust during the 4th quarter worth $231,371,000. Hedge funds and other institutional investors own 48.00% of the company’s stock.

Shares of QQQ stock traded up $0.03 on Monday, hitting $185.86. 20,329,240 shares of the company’s stock were exchanged, compared to its average volume of 35,147,848. Invesco QQQ Trust has a 12 month low of $143.46 and a 12 month high of $187.53.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th will be issued a $0.3242 dividend. The ex-dividend date of this dividend is Monday, March 18th. This represents a $1.30 dividend on an annualized basis and a yield of 0.70%.

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Invesco QQQ Trust 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.

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Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

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