Invesco QQQ $QQQ is Chris Bulman Inc’s Largest Position

Chris Bulman Inc lifted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 10.9% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,220 shares of the exchange traded fund’s stock after buying an additional 2,386 shares during the quarter. Invesco QQQ makes up 7.3% of Chris Bulman Inc’s holdings, making the stock its largest holding. Chris Bulman Inc’s holdings in Invesco QQQ were worth $14,542,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC grew its position in shares of Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares in the last quarter. Trexquant Investment LP increased its position in Invesco QQQ by 45.5% in the first quarter. Trexquant Investment LP now owns 1,567 shares of the exchange traded fund’s stock worth $735,000 after purchasing an additional 490 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its position in Invesco QQQ by 14.0% during the first quarter. Federation des caisses Desjardins du Quebec now owns 168,616 shares of the exchange traded fund’s stock valued at $79,067,000 after purchasing an additional 20,669 shares during the last quarter. Finally, Family Office Research LLC grew its position in Invesco QQQ by 0.4% in the first quarter. Family Office Research LLC now owns 20,055 shares of the exchange traded fund’s stock worth $9,404,000 after acquiring an additional 86 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 0.2%

NASDAQ:QQQ opened at $619.43 on Wednesday. The business has a 50 day simple moving average of $616.60 and a 200-day simple moving average of $588.56. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01.

Invesco QQQ Increases Dividend

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

Trending Headlines about Invesco QQQ

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

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

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.