4,619 Shares in Invesco QQQ $QQQ Acquired by LFA Lugano Financial Advisors SA

LFA Lugano Financial Advisors SA purchased a new stake in Invesco QQQ (NASDAQ:QQQFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,619 shares of the exchange traded fund’s stock, valued at approximately $2,773,000. Invesco QQQ makes up about 1.5% of LFA Lugano Financial Advisors SA’s holdings, making the stock its 22nd biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Morgan Dempsey Capital Management LLC acquired a new stake in shares of Invesco QQQ in the 2nd quarter valued at about $30,000. Navigoe LLC grew its holdings in shares of Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 45 shares in the last quarter. PayPay Securities Corp raised its position in Invesco QQQ by 78.9% in the 3rd 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 last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in Invesco QQQ in the 3rd quarter valued at approximately $42,000. Finally, Moser Wealth Advisors LLC lifted its stake in Invesco QQQ by 930.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 93 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ News Roundup

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

Invesco QQQ Trading Down 1.4%

NASDAQ QQQ opened at $597.03 on Friday. The firm’s 50 day moving average is $619.89 and its 200-day moving average is $601.69. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a dividend of $0.7941 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $3.18 annualized dividend and a yield of 0.5%.

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.

See Also

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

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