Ted Buchan & Co Sells 1,062 Shares of Invesco QQQ $QQQ

Ted Buchan & Co cut its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 75.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 342 shares of the exchange traded fund’s stock after selling 1,062 shares during the quarter. Ted Buchan & Co’s holdings in Invesco QQQ were worth $205,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Navigoe LLC boosted its stake in shares of Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 45 shares during the period. PayPay Securities Corp lifted its stake in 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 purchasing an additional 30 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in Invesco QQQ in the third quarter worth about $42,000. Accent Capital Management LLC boosted its position in shares of Invesco QQQ by 43.1% during the third quarter. Accent Capital Management LLC now owns 83 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 25 shares during the period. Finally, Canoe Financial LP bought a new position in shares of 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 QQQ stock opened at $607.29 on Friday. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01. The stock has a 50 day moving average price of $616.27 and a 200 day moving average price of $606.48.

Invesco QQQ Increases Dividend

The business also recently announced 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. 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 dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

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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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