Invesco QQQ $QQQ Shares Bought 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, Holdings Channel reports. The firm owned 83,504 shares of the exchange traded fund’s stock after acquiring an additional 957 shares during the quarter. Invesco QQQ comprises approximately 2.9% of Greenwood Gearhart Inc.’s holdings, 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 SEC filing.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after buying an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after acquiring an additional 176 shares during the period. Jupiter Wealth Management LLC acquired a new stake in shares of Invesco QQQ in the 2nd quarter worth about $290,000. Wealth Group Ltd. lifted its position in Invesco QQQ by 283.7% in the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after purchasing an additional 18,210 shares during the last quarter. Finally, Ignite Planners LLC boosted its stake in Invesco QQQ by 2.0% during the 2nd quarter. Ignite Planners LLC now owns 8,149 shares of the exchange traded fund’s stock valued at $4,574,000 after purchasing an additional 160 shares during the period. Institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ opened at $616.34 on Thursday. The firm’s 50 day moving average is $616.46 and its two-hundred day moving average is $606.03. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were given a $0.7941 dividend. The ex-dividend date was Monday, December 22nd. This represents a $3.18 annualized dividend and a yield of 0.5%. This is an increase 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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