Invesco QQQ $QQQ Shares Acquired by Banco Santander S.A.

Banco Santander S.A. lifted its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 17.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 52,063 shares of the exchange traded fund’s stock after acquiring an additional 7,561 shares during the quarter. Banco Santander S.A.’s holdings in Invesco QQQ were worth $31,257,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in QQQ. 1832 Asset Management L.P. grew its stake in shares of Invesco QQQ by 100.0% in the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock valued at $1,167,000 after buying an additional 40,999,982 shares in the last quarter. Symphony Financial Ltd. Co. purchased a new position in Invesco QQQ during the 2nd quarter valued at about $1,236,482,000. HRT Financial LP grew its position in Invesco QQQ by 118.3% in the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after acquiring an additional 1,704,600 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Invesco QQQ by 42.4% during the second quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock worth $2,700,424,000 after purchasing an additional 1,457,109 shares during the period. Finally, Kensington Asset Management LLC lifted its position in shares of Invesco QQQ by 2,124.5% during the second quarter. Kensington Asset Management LLC now owns 366,881 shares of the exchange traded fund’s stock worth $202,386,000 after purchasing an additional 350,388 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $609.24 on Friday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The company has a 50 day moving average price of $616.47 and a 200 day moving average price of $606.05.

Invesco QQQ Increases Dividend

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

Invesco QQQ News Summary

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

Invesco QQQ 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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