Paradigm Capital Management LLC NV Boosts Stock Holdings in Invesco QQQ $QQQ

Paradigm Capital Management LLC NV boosted its position in Invesco QQQ (NASDAQ:QQQFree Report) by 121.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,998 shares of the exchange traded fund’s stock after buying an additional 1,644 shares during the quarter. Invesco QQQ makes up about 1.8% of Paradigm Capital Management LLC NV’s holdings, making the stock its 17th largest position. Paradigm Capital Management LLC NV’s holdings in Invesco QQQ were worth $1,800,000 at the end of the most recent reporting period.

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

More Invesco QQQ News

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

Invesco QQQ Stock Up 2.1%

NASDAQ:QQQ opened at $609.65 on Monday. The business’s 50-day moving average price is $619.69 and its two-hundred day moving average price is $602.56. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a $0.7941 dividend. 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. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69.

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.

Featured Articles

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.