Invesco QQQ $QQQ Shares Purchased by Tranquilli Financial Advisor LLC

Tranquilli Financial Advisor LLC raised its position in Invesco QQQ (NASDAQ:QQQFree Report) by 103.3% in the 3rd quarter, Holdings Channel reports. The fund owned 5,923 shares of the exchange traded fund’s stock after purchasing an additional 3,009 shares during the period. Invesco QQQ accounts for 2.1% of Tranquilli Financial Advisor LLC’s holdings, making the stock its 14th biggest holding. Tranquilli Financial Advisor LLC’s holdings in Invesco QQQ were worth $3,556,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Morgan Dempsey Capital Management LLC purchased a new stake in Invesco QQQ during the 2nd quarter worth $30,000. Navigoe LLC increased its position in shares of Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 45 shares during the last quarter. PayPay Securities Corp lifted its stake in shares of Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Invesco QQQ in the third quarter valued at about $42,000. Finally, Moser Wealth Advisors LLC grew its stake in Invesco QQQ by 930.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 93 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Trending Headlines about Invesco QQQ

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Invesco QQQ Stock Performance

QQQ stock opened at $622.72 on Friday. The stock’s 50 day moving average is $616.52 and its two-hundred day moving average is $597.69. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.

Invesco QQQ Increases Dividend

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

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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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

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