Chris Bulman Inc Boosts Stock Holdings in Invesco QQQ $QQQ

Chris Bulman Inc grew its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 10.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,220 shares of the exchange traded fund’s stock after acquiring an additional 2,386 shares during the period. Invesco QQQ accounts for 7.3% of Chris Bulman Inc’s holdings, making the stock its biggest holding. Chris Bulman Inc’s holdings in Invesco QQQ were worth $14,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently modified their holdings of the company. Brighton Jones LLC increased its position in Invesco QQQ by 15.0% during the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares during the period. Revolve Wealth Partners LLC boosted its position in Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after acquiring an additional 176 shares in the last quarter. Trexquant Investment LP increased its holdings in shares of Invesco QQQ by 45.5% in the 1st quarter. Trexquant Investment LP now owns 1,567 shares of the exchange traded fund’s stock valued at $735,000 after acquiring an additional 490 shares during the period. Federation des caisses Desjardins du Quebec lifted its stake in shares of Invesco QQQ by 14.0% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 168,616 shares of the exchange traded fund’s stock worth $79,067,000 after purchasing an additional 20,669 shares during the last quarter. Finally, Family Office Research LLC grew its stake in Invesco QQQ by 0.4% in the first quarter. Family Office Research LLC now owns 20,055 shares of the exchange traded fund’s stock valued at $9,404,000 after purchasing an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock opened at $619.43 on Wednesday. The firm has a 50-day simple moving average of $616.60 and a two-hundred day simple moving average of $588.56. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be issued a dividend of $0.7941 per share. This represents a $3.18 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date is Monday, December 22nd.

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.

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)

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.