CX Institutional Grows Stock Position in Invesco QQQ $QQQ

CX Institutional increased its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 44.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,022 shares of the exchange traded fund’s stock after purchasing an additional 934 shares during the quarter. CX Institutional’s holdings in Invesco QQQ were worth $1,814,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Morgan Dempsey Capital Management LLC acquired a new stake in Invesco QQQ in the second quarter valued at approximately $30,000. Navigoe LLC increased its position in shares of 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 purchasing an additional 45 shares during the last quarter. Marshall & Sullivan Inc. WA acquired a new stake in shares of Invesco QQQ in the 2nd quarter valued at $41,000. PayPay Securities Corp raised its holdings in shares of 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 in the last quarter. Finally, Moser Wealth Advisors LLC lifted its position in shares of Invesco QQQ by 930.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 93 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $620.47 on Friday. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01. The business’s fifty day moving average price is $616.04 and its 200 day moving average price is $592.06.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders 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 dividend yield of 0.5%.

Key Headlines Impacting 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)

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