2,083 Shares in Invesco QQQ $QQQ Purchased by Permanent Capital Management LP

Permanent Capital Management LP acquired a new stake in Invesco QQQ (NASDAQ:QQQFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,083 shares of the exchange traded fund’s stock, valued at approximately $1,252,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its holdings in Invesco QQQ by 704,593.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 67,615,365 shares of the exchange traded fund’s stock valued at $37,299,340,000 after buying an additional 67,605,770 shares during the last quarter. 1832 Asset Management L.P. boosted its stake in shares of Invesco QQQ by 100.0% during the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock valued at $1,167,000 after acquiring an additional 40,999,982 shares during the last quarter. Symphony Financial Ltd. Co. purchased a new stake in Invesco QQQ during the 2nd quarter worth about $1,236,482,000. HRT Financial LP raised its stake in Invesco QQQ by 118.3% in the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after purchasing an additional 1,704,600 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Invesco QQQ by 42.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock valued at $2,700,424,000 after purchasing an additional 1,457,109 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.0%

Invesco QQQ stock opened at $623.89 on Monday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The firm’s 50-day moving average is $616.25 and its two-hundred day moving average is $587.30.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a $0.7941 dividend. This represents a $3.18 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69.

Invesco QQQ News Summary

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

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.

See Also

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

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