845 Shares in Invesco QQQ $QQQ Bought by Great Point Wealth Advisors LLC

Great Point Wealth Advisors LLC bought a new stake in Invesco QQQ (NASDAQ:QQQFree Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 845 shares of the exchange traded fund’s stock, valued at approximately $507,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Morgan Dempsey Capital Management LLC purchased a new stake in shares of Invesco QQQ during the 2nd quarter worth about $30,000. Navigoe LLC raised its holdings in 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 period. PayPay Securities Corp lifted its position in Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in Invesco QQQ during the third quarter worth approximately $42,000. Finally, Marshall & Sullivan Inc. WA acquired a new stake in shares of Invesco QQQ in the second quarter worth $41,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $621.26 on Friday. The company’s fifty day simple moving average is $616.40 and its 200-day simple moving average is $595.42. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given a $0.7941 dividend. This represents a $3.18 annualized dividend and a yield of 0.5%. 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.

Trending Headlines about Invesco QQQ

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.

Further Reading

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.