Invesco QQQ $QQQ Shares Purchased by Greenwood Gearhart Inc.

Greenwood Gearhart Inc. grew its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,504 shares of the exchange traded fund’s stock after buying an additional 957 shares during the period. Invesco QQQ accounts for 2.9% of Greenwood Gearhart Inc.’s investment portfolio, making the stock its 12th biggest position. Greenwood Gearhart Inc.’s holdings in Invesco QQQ were worth $50,133,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Fifth Third Securities Inc. raised its stake in shares of Invesco QQQ by 2.6% in the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after purchasing an additional 2,822 shares in the last quarter. SK Wealth Management LLC bought a new stake in Invesco QQQ in the third quarter valued at about $803,000. Great Point Wealth Advisors LLC acquired a new stake in Invesco QQQ during the third quarter valued at approximately $507,000. Strengthening Families & Communities LLC bought a new position in Invesco QQQ during the 3rd quarter worth approximately $10,771,000. Finally, Coyle Financial Counsel LLC lifted its holdings in Invesco QQQ by 4.9% during the 3rd quarter. Coyle Financial Counsel LLC now owns 43,458 shares of the exchange traded fund’s stock worth $26,091,000 after buying an additional 2,035 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

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Invesco QQQ Trading Up 1.4%

Shares of NASDAQ QQQ opened at $616.34 on Thursday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The business has a 50 day simple moving average of $616.46 and a 200-day simple moving average of $606.03.

Invesco QQQ Increases Dividend

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

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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