1,049 Shares in Invesco QQQ $QQQ Bought by Guild Investment Management Inc.

Guild Investment Management Inc. acquired a new position in shares of Invesco QQQ (NASDAQ:QQQFree Report) in the third quarter, Holdings Channel reports. The fund acquired 1,049 shares of the exchange traded fund’s stock, valued at approximately $630,000.

Other hedge funds have also modified their holdings of the company. 1832 Asset Management L.P. grew its holdings in shares of Invesco QQQ by 100.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock worth $1,167,000 after purchasing an additional 40,999,982 shares during the last quarter. Symphony Financial Ltd. Co. acquired a new position in Invesco QQQ in the second quarter valued at about $1,236,482,000. HRT Financial LP grew its stake in Invesco QQQ by 118.3% during the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock worth $1,735,226,000 after buying an additional 1,704,600 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invesco QQQ by 42.4% during the second quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock worth $2,700,424,000 after buying an additional 1,457,109 shares in the last quarter. Finally, Kensington Asset Management LLC raised its stake in shares of Invesco QQQ by 2,124.5% in the second quarter. Kensington Asset Management LLC now owns 366,881 shares of the exchange traded fund’s stock valued at $202,386,000 after acquiring an additional 350,388 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Key Invesco QQQ News

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

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $597.03 on Friday. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01. The stock’s 50 day simple moving average is $619.89 and its 200 day simple moving average is $601.69.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders 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 boost from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 annualized dividend and a dividend 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.

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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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