2,274 Shares in Invesco QQQ $QQQ Acquired by Mann Financial Group Inc.

Mann Financial Group Inc. acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,274 shares of the exchange traded fund’s stock, valued at approximately $1,365,000. Invesco QQQ accounts for 1.3% of Mann Financial Group Inc.’s portfolio, making the stock its 9th largest holding.

Other large investors have also made changes to their positions in the company. Navigoe LLC boosted its holdings in Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares during the last quarter. PayPay Securities Corp lifted its holdings in shares of Invesco QQQ by 78.9% in the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Invesco QQQ in the third quarter worth about $42,000. Accent Capital Management LLC grew its holdings in Invesco QQQ by 43.1% during the third quarter. Accent Capital Management LLC now owns 83 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 25 shares during the period. Finally, Canoe Financial LP purchased a new position in Invesco QQQ during the third quarter valued at approximately $64,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $610.75 on Thursday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The business has a 50 day moving average of $615.39 and a two-hundred day moving average of $607.06.

Invesco QQQ Increases Dividend

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

Key Stories Impacting Invesco QQQ

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

About Invesco QQQ

(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.

See Also

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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