Morse Asset Management Inc Acquires 907 Shares of Invesco QQQ $QQQ

Morse Asset Management Inc boosted its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 11.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,127 shares of the exchange traded fund’s stock after purchasing an additional 907 shares during the period. Invesco QQQ comprises 1.1% of Morse Asset Management Inc’s portfolio, making the stock its 27th largest holding. Morse Asset Management Inc’s holdings in Invesco QQQ were worth $5,480,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of QQQ. Brighton Jones LLC boosted its holdings in shares of Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after buying an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Invesco QQQ by 3.5% in the fourth 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 bought a new position in Invesco QQQ in the second quarter worth approximately $290,000. Wealth Group Ltd. boosted its stake in shares of Invesco QQQ by 283.7% during the 2nd quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after acquiring an additional 18,210 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of Invesco QQQ by 163.8% during the 2nd quarter. KBC Group NV now owns 546 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 339 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $600.38 on Tuesday. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01. The company’s fifty day moving average price is $612.91 and its 200-day moving average price is $609.09.

Invesco QQQ Increases Dividend

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

Invesco QQQ News Roundup

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

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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