Invesco QQQ $QQQ is J.Safra Asset Management Corp’s Largest Position

J.Safra Asset Management Corp increased its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 364,702 shares of the exchange traded fund’s stock after buying an additional 7,963 shares during the quarter. Invesco QQQ comprises approximately 13.3% of J.Safra Asset Management Corp’s investment portfolio, making the stock its biggest holding. J.Safra Asset Management Corp owned 0.06% of Invesco QQQ worth $218,956,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GatePass Capital LLC lifted its position in Invesco QQQ by 4.2% during the 3rd quarter. GatePass Capital LLC now owns 2,956 shares of the exchange traded fund’s stock worth $1,775,000 after acquiring an additional 119 shares during the period. Tred Avon Family Wealth LLC acquired a new stake in shares of Invesco QQQ during the third quarter worth about $1,127,000. One Wealth Management Investment & Advisory Services LLC boosted its position in Invesco QQQ by 11.2% in the third quarter. One Wealth Management Investment & Advisory Services LLC now owns 7,626 shares of the exchange traded fund’s stock valued at $4,578,000 after buying an additional 771 shares during the last quarter. New Insight Wealth Advisors boosted its position in Invesco QQQ by 4.8% in the third quarter. New Insight Wealth Advisors now owns 418 shares of the exchange traded fund’s stock valued at $251,000 after buying an additional 19 shares during the last quarter. Finally, Stenger Family Office LLC increased its holdings in Invesco QQQ by 24.4% in the 3rd quarter. Stenger Family Office LLC now owns 725 shares of the exchange traded fund’s stock worth $455,000 after buying an additional 142 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ News Roundup

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

Invesco QQQ Price Performance

QQQ opened at $621.26 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The firm has a 50 day moving average of $616.40 and a two-hundred day moving average of $595.76.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors 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. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, December 22nd.

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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