Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Sells 7,797 Shares of Invesco QQQ $QQQ

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD lowered its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 266,415 shares of the exchange traded fund’s stock after selling 7,797 shares during the quarter. Invesco QQQ accounts for 10.8% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings, making the stock its 2nd biggest position. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in Invesco QQQ were worth $159,698,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Orgel Wealth Management LLC lifted its position in Invesco QQQ by 4.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund’s stock worth $229,000 after buying an additional 17 shares in the last quarter. Enclave Advisors LLC grew its holdings in shares of Invesco QQQ by 0.9% in the 3rd quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund’s stock valued at $1,099,000 after acquiring an additional 17 shares in the last quarter. IFS Advisors LLC increased its position in shares of Invesco QQQ by 4.1% in the third quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock valued at $259,000 after acquiring an additional 17 shares during the last quarter. Mezzasalma Advisors LLC raised its holdings in Invesco QQQ by 0.5% during the third quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock worth $1,988,000 after acquiring an additional 17 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in Invesco QQQ by 1.2% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,421 shares of the exchange traded fund’s stock worth $853,000 after acquiring an additional 17 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Key Invesco QQQ News

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

Invesco QQQ Stock Performance

QQQ stock opened at $616.52 on Wednesday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The business has a 50 day moving average price of $620.40 and a two-hundred day moving average price of $601.69.

Invesco QQQ Increases Dividend

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

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.

Further Reading

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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