Invesco QQQ $QQQ Shares Acquired by Post Resch Tallon Group Inc.

Post Resch Tallon Group Inc. grew its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,789 shares of the exchange traded fund’s stock after purchasing an additional 872 shares during the quarter. Invesco QQQ comprises approximately 5.6% of Post Resch Tallon Group Inc.’s investment portfolio, making the stock its 3rd largest position. Post Resch Tallon Group Inc.’s holdings in Invesco QQQ were worth $6,628,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. 1832 Asset Management L.P. increased its position in shares of Invesco QQQ by 100.0% during the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock worth $1,167,000 after buying an additional 40,999,982 shares during the period. HRT Financial LP lifted its holdings in Invesco QQQ by 118.3% in the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after buying an additional 1,704,600 shares during the period. Laurel Wealth Advisors LLC lifted its holdings in Invesco QQQ by 54,491.8% in the second quarter. Laurel Wealth Advisors LLC now owns 313,357 shares of the exchange traded fund’s stock valued at $172,860,000 after buying an additional 312,783 shares during the period. Mizuho Bank Ltd. bought a new stake in Invesco QQQ during the second quarter valued at $165,492,000. Finally, Japan Science & Technology Agency bought a new stake in Invesco QQQ during the third quarter valued at $179,311,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.0%

Shares of Invesco QQQ stock opened at $588.00 on Tuesday. The business has a 50-day moving average price of $609.68 and a two-hundred day moving average price of $609.87. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 23rd will be paid a dividend of $0.7328 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.5%.

Invesco QQQ News Roundup

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

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.

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

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