EJMK Ventures LLC Buys Shares of 6,195 Invesco QQQ $QQQ

EJMK Ventures LLC purchased a new position in Invesco QQQ (NASDAQ:QQQ) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,195 shares of the exchange traded fund’s stock, valued at approximately $3,806,000. Invesco QQQ makes up 2.3% of EJMK Ventures LLC’s investment portfolio, making the stock its 7th largest holding.

A number of other large investors also recently modified their holdings of QQQ. Goodman Advisory Group LLC bought a new position in Invesco QQQ during the third quarter worth $25,000. University of Texas Texas AM Investment Management Co. acquired a new position in Invesco QQQ during the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 43 shares during the period. Shcp LLC bought a new stake in Invesco QQQ in the 3rd quarter valued at $27,000. Finally, Rachor Investment Advisory Services LLC acquired a new stake in Invesco QQQ in the 4th quarter worth $29,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

More Invesco QQQ News

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

• Positive Sentiment: Invesco QQQ declared a quarterly dividend of $0.8135 per share, an 11.0% increase from the prior quarter, which can improve investor sentiment toward the fund. Article Title
• Positive Sentiment: Multiple articles highlighted QQQ’s strong long-term performance, including commentary that a modest investment in the ETF a decade ago would now be worth far more, reinforcing its status as a premier growth benchmark. Article Title
• Neutral Sentiment: Broader market and ETF coverage showed U.S. equity funds trading higher at times, suggesting the macro backdrop is supportive but not specific to QQQ alone. Article Title
• Neutral Sentiment: Several Fed-related commentaries pointed to a more hawkish policy tone and less forward guidance, which could pressure rate-sensitive growth stocks even as investors assess the implications for the Nasdaq-100. Article Title

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $740.62 on Friday. The firm’s 50-day moving average is $695.40 and its 200-day moving average is $639.48. Invesco QQQ has a 52-week low of $523.65 and a 52-week high of $748.65.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 22nd will be given a dividend of $0.8135 per share. This represents a $3.25 dividend on an annualized basis and a yield of 0.4%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.73. The ex-dividend date of this dividend is Monday, June 22nd.

About Invesco QQQ

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.