1,271 Shares in Invesco QQQ $QQQ Bought by TMB Capital Partners LLC

TMB Capital Partners LLC acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,271 shares of the exchange traded fund’s stock, valued at approximately $780,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goodman Advisory Group LLC purchased a new stake in shares of Invesco QQQ during the 3rd quarter worth about $25,000. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Invesco QQQ in the 4th quarter valued at approximately $25,000. Shcp LLC acquired a new position in Invesco QQQ in the third quarter worth approximately $27,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Invesco QQQ by 2,150.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 43 shares during the last quarter. Finally, Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ during the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

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Invesco QQQ Trading Up 2.5%

NASDAQ QQQ opened at $740.62 on Friday. The company has a 50 day moving average price of $692.71 and a two-hundred day moving average price of $638.77. Invesco QQQ has a 12-month low of $523.65 and a 12-month high of $748.65.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 22nd will be issued a dividend of $0.8135 per share. The ex-dividend date is Monday, June 22nd. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.4%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

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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