Mackenzie Financial Corp Sells 1,256 Shares of Invesco QQQ $QQQ

Mackenzie Financial Corp trimmed its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 1.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 107,569 shares of the exchange traded fund’s stock after selling 1,256 shares during the quarter. Mackenzie Financial Corp’s holdings in Invesco QQQ were worth $64,581,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Goodman Advisory Group LLC acquired a new stake in Invesco QQQ during the 3rd quarter worth approximately $25,000. Navigoe LLC increased its position in Invesco QQQ by 300.0% in the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 45 shares during the period. PayPay Securities Corp increased 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 acquiring an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Invesco QQQ during the third quarter valued at $42,000. Finally, Accent Capital Management LLC raised its stake in shares of Invesco QQQ by 43.1% during the third quarter. Accent Capital Management LLC now owns 83 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 25 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

More Invesco QQQ News

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Invesco QQQ Trading Down 1.7%

Shares of NASDAQ:QQQ opened at $597.26 on Friday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01. The firm’s fifty day moving average is $613.65 and its 200-day moving average is $608.27.

Invesco QQQ Increases Dividend

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

Invesco QQQ Company 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.

Further Reading

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

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