Invesco QQQ $QQQ is Genesee Capital Advisors LLC’s 3rd Largest Position

Genesee Capital Advisors LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 8.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,550 shares of the exchange traded fund’s stock after acquiring an additional 1,479 shares during the period. Invesco QQQ makes up approximately 4.8% of Genesee Capital Advisors LLC’s holdings, making the stock its 3rd biggest holding. Genesee Capital Advisors LLC’s holdings in Invesco QQQ were worth $11,137,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Dempsey Capital Management LLC purchased a new stake in Invesco QQQ during the second quarter valued at $30,000. Navigoe LLC grew its stake 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 worth $36,000 after buying an additional 45 shares in the last quarter. PayPay Securities Corp increased 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 worth $41,000 after buying an additional 30 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Invesco QQQ during the 3rd quarter valued at about $42,000. Finally, Moser Wealth Advisors LLC raised 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 valued at $57,000 after buying an additional 93 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Up 0.9%

QQQ opened at $631.13 on Wednesday. The stock has a 50-day moving average of $617.65 and a 200 day moving average of $599.34. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a $0.7941 dividend. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%.

Key Headlines Impacting Invesco QQQ

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

About Invesco QQQ

(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

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

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