Dash Acquisitions Inc. Buys 2,160 Shares of Invesco QQQ $QQQ

Dash Acquisitions Inc. boosted its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 50.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,474 shares of the exchange traded fund’s stock after acquiring an additional 2,160 shares during the quarter. Invesco QQQ accounts for 0.8% of Dash Acquisitions Inc.’s portfolio, making the stock its 27th largest position. Dash Acquisitions Inc.’s holdings in Invesco QQQ were worth $4,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Invesco QQQ by 42.4% during the second quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock worth $2,700,424,000 after buying an additional 1,457,109 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Invesco QQQ by 0.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,223,327 shares of the exchange traded fund’s stock valued at $1,778,116,000 after acquiring an additional 22,220 shares in the last quarter. HRT Financial LP boosted its position in Invesco QQQ by 118.3% during the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after acquiring an additional 1,704,600 shares during the last quarter. Symphony Financial Ltd. Co. bought a new position in shares of Invesco QQQ during the 2nd quarter worth approximately $1,236,482,000. Finally, Rockefeller Capital Management L.P. grew its stake in shares of Invesco QQQ by 6.3% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 1,101,906 shares of the exchange traded fund’s stock worth $611,049,000 after acquiring an additional 65,387 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.3%

NASDAQ QQQ opened at $622.72 on Friday. The firm’s 50 day moving average is $616.52 and its 200-day moving average is $597.69. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a dividend of $0.7941 per share. The ex-dividend date was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change 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:

Invesco QQQ 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.

Further Reading

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

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