Vestmark Advisory Solutions Inc. Purchases 7,240 Shares of Invesco QQQ $QQQ

Vestmark Advisory Solutions Inc. raised its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 1,645.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,680 shares of the exchange traded fund’s stock after purchasing an additional 7,240 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Invesco QQQ were worth $4,611,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Navigoe LLC boosted its holdings in 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 during the period. PayPay Securities Corp raised its holdings in Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in Invesco QQQ during the 3rd quarter valued at $42,000. Canoe Financial LP purchased a new stake in shares of Invesco QQQ during the third quarter worth $64,000. Finally, Ball & Co Wealth Management Inc. purchased a new stake in shares of Invesco QQQ during the third quarter worth $69,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Key Invesco QQQ News

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

Invesco QQQ Trading Down 1.2%

Shares of NASDAQ QQQ opened at $601.41 on Tuesday. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01. The stock has a fifty day moving average of $616.22 and a 200-day moving average of $605.73.

Invesco QQQ Increases Dividend

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

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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