Invesco QQQ $QQQ Shares Bought by Mutual Advisors LLC

Mutual Advisors LLC lifted its position in Invesco QQQ (NASDAQ:QQQFree Report) by 7.6% during the third quarter, HoldingsChannel.com reports. The fund owned 67,238 shares of the exchange traded fund’s stock after acquiring an additional 4,723 shares during the period. Invesco QQQ makes up 0.9% of Mutual Advisors LLC’s portfolio, making the stock its 13th largest position. Mutual Advisors LLC’s holdings in Invesco QQQ were worth $41,054,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Morgan Dempsey Capital Management LLC purchased a new position in shares of Invesco QQQ during the 2nd quarter worth $30,000. Navigoe LLC increased its position 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 valued at $36,000 after acquiring an additional 45 shares during the last quarter. PayPay Securities Corp increased its holdings 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 purchasing an additional 30 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Invesco QQQ in the third quarter valued at $42,000. Finally, Moser Wealth Advisors LLC grew its position 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. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.2%

Shares of QQQ opened at $621.87 on Friday. The firm’s 50 day moving average price is $619.83 and its 200 day moving average price is $600.54. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid 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 positive change from Invesco QQQ’s previous quarterly dividend of $0.69.

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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.

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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)

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