Invesco QQQ $QQQ Shares Purchased by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 95.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,845 shares of the exchange traded fund’s stock after acquiring an additional 47,869 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Invesco QQQ were worth $58,743,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Hunter Associates Investment Management LLC boosted its holdings in shares of Invesco QQQ by 46.1% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 631 shares of the exchange traded fund’s stock worth $379,000 after purchasing an additional 199 shares during the last quarter. Westfuller Advisors LLC lifted its position in Invesco QQQ by 3.0% during the third quarter. Westfuller Advisors LLC now owns 5,440 shares of the exchange traded fund’s stock worth $3,270,000 after buying an additional 158 shares in the last quarter. Delta Financial Advisors LLC acquired a new position in Invesco QQQ during the third quarter worth $221,000. Tranquilli Financial Advisor LLC grew its holdings in Invesco QQQ by 103.3% in the 3rd quarter. Tranquilli Financial Advisor LLC now owns 5,923 shares of the exchange traded fund’s stock valued at $3,556,000 after buying an additional 3,009 shares in the last quarter. Finally, Jmac Enterprises LLC increased its stake in shares of Invesco QQQ by 2.0% in the 3rd quarter. Jmac Enterprises LLC now owns 49,165 shares of the exchange traded fund’s stock worth $29,518,000 after acquiring an additional 970 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ News Roundup

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Trading Up 0.3%

NASDAQ QQQ opened at $622.72 on Friday. The business’s fifty day simple moving average is $616.52 and its 200-day simple moving average is $598.01. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $637.01.

Invesco QQQ Increases Dividend

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

Invesco QQQ 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.

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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