Invesco QQQ $QQQ Shares Purchased by BXM Wealth LLC

BXM Wealth LLC boosted its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 57.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,923 shares of the exchange traded fund’s stock after buying an additional 4,336 shares during the period. Invesco QQQ makes up approximately 6.6% of BXM Wealth LLC’s portfolio, making the stock its biggest position. BXM Wealth LLC’s holdings in Invesco QQQ were worth $7,158,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of QQQ. Brighton Jones LLC raised its stake in shares of Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after acquiring an additional 4,989 shares during the period. Revolve Wealth Partners LLC increased its holdings in Invesco QQQ by 3.5% in the 4th 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 during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Invesco QQQ by 12.1% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,404 shares of the exchange traded fund’s stock valued at $775,000 after purchasing an additional 152 shares during the period. Financiere des Professionnels Fonds d investissement inc. lifted its stake in Invesco QQQ by 1.4% during the second quarter. Financiere des Professionnels Fonds d investissement inc. now owns 74,750 shares of the exchange traded fund’s stock worth $41,235,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Pines Wealth Management LLC acquired a new position in Invesco QQQ during the second quarter worth $210,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

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Invesco QQQ Stock Up 0.4%

Shares of NASDAQ QQQ opened at $621.78 on Friday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The stock has a fifty day simple moving average of $616.17 and a 200-day simple moving average of $594.94.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.7941 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $3.18 annualized dividend and a yield of 0.5%. This is an increase 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.

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

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