Invesco QQQ $QQQ Shares Acquired by Traynor Capital Management Inc.

Traynor Capital Management Inc. increased its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 10.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,727 shares of the exchange traded fund’s stock after acquiring an additional 1,617 shares during the quarter. Traynor Capital Management Inc.’s holdings in Invesco QQQ were worth $10,643,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Morgan Dempsey Capital Management LLC purchased a new stake in Invesco QQQ during the second quarter valued at about $30,000. Navigoe LLC boosted its holdings in Invesco QQQ by 300.0% in the 3rd 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 period. PayPay Securities Corp raised its stake in shares of Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Invesco QQQ during the third quarter worth $42,000. Finally, Moser Wealth Advisors LLC boosted its position in Invesco QQQ by 930.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after buying an additional 93 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.3%

Shares of QQQ stock opened at $633.22 on Thursday. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01. The company’s 50-day simple moving average is $618.32 and its 200-day simple moving average is $599.58.

Invesco QQQ Increases Dividend

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

Key Invesco QQQ News

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.

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

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