FSA Advisors Inc. Makes New $553,000 Investment in Invesco QQQ $QQQ

FSA Advisors Inc. acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the third quarter, Holdings Channel.com reports. The firm acquired 921 shares of the exchange traded fund’s stock, valued at approximately $553,000.

Several other institutional investors have also recently made changes to their positions in QQQ. Navigoe LLC grew its holdings in Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares during the last quarter. PayPay Securities Corp boosted its position 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 buying an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Invesco QQQ during the third quarter valued at approximately $42,000. Accent Capital Management LLC raised its holdings in shares of Invesco QQQ by 43.1% in the third quarter. Accent Capital Management LLC now owns 83 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 25 shares during the period. Finally, Canoe Financial LP bought a new stake in shares of Invesco QQQ during the 3rd quarter worth approximately $64,000. Institutional investors own 44.58% of the company’s stock.

More Invesco QQQ News

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Invesco QQQ Stock Performance

QQQ opened at $601.58 on Wednesday. The business has a fifty day moving average of $615.63 and a 200 day moving average of $607.03. 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 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.

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.

See Also

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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