1,588 Shares in Invesco QQQ $QQQ Purchased by Griffith & Werner Inc.

Griffith & Werner Inc. bought a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) in the third quarter, Holdings Channel reports. The fund bought 1,588 shares of the exchange traded fund’s stock, valued at approximately $990,000.

A number of other hedge funds have also recently made changes to their positions in QQQ. Navigoe LLC raised its stake in Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares during the last quarter. PayPay Securities Corp increased its holdings in shares of 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 acquiring an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Invesco QQQ during the third quarter valued at $42,000. Accent Capital Management LLC raised its position in shares of Invesco QQQ by 43.1% in the 3rd quarter. Accent Capital Management LLC now owns 83 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 25 shares during the last quarter. Finally, Canoe Financial LP bought a new position in Invesco QQQ in the 3rd quarter worth about $64,000. 44.58% of the stock is owned by institutional investors.

Key Invesco QQQ News

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

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $601.58 on Wednesday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The firm has a 50-day simple moving average of $615.63 and a two-hundred day simple moving average of $607.03.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a $0.7941 dividend. This represents a $3.18 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69.

Invesco QQQ 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.

Read More

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.