Invesco QQQ $QQQ Shares Purchased by Darrow Company Inc.

Darrow Company Inc. boosted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,219 shares of the exchange traded fund’s stock after buying an additional 1,001 shares during the period. Invesco QQQ accounts for approximately 13.0% of Darrow Company Inc.’s portfolio, making the stock its biggest holding. Darrow Company Inc.’s holdings in Invesco QQQ were worth $28,005,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Morgan Dempsey Capital Management LLC acquired a new stake in Invesco QQQ during the 2nd quarter worth $30,000. Navigoe LLC raised its holdings in shares of Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares during the last quarter. Marshall & Sullivan Inc. WA acquired a new stake in shares of Invesco QQQ during the second quarter worth about $41,000. PayPay Securities Corp grew its holdings in shares of Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 30 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in Invesco QQQ in the 3rd quarter valued at about $42,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.4%

QQQ opened at $621.78 on Friday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01. The business has a 50 day moving average price of $616.17 and a two-hundred day moving average price of $594.94.

Invesco QQQ Increases Dividend

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

Invesco QQQ News Roundup

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.

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

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