Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Has $51.47 Million Holdings in Invesco QQQ $QQQ

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD lessened its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 4.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 85,871 shares of the exchange traded fund’s stock after selling 3,740 shares during the period. Invesco QQQ makes up about 10.6% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings, making the stock its biggest position. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings in Invesco QQQ were worth $51,474,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Savant Capital LLC boosted its holdings in Invesco QQQ by 11.2% in the 3rd quarter. Savant Capital LLC now owns 44,675 shares of the exchange traded fund’s stock valued at $26,822,000 after purchasing an additional 4,509 shares during the period. Flynn Zito Capital Management LLC raised its position in shares of Invesco QQQ by 6.7% in the third quarter. Flynn Zito Capital Management LLC now owns 1,110 shares of the exchange traded fund’s stock worth $667,000 after buying an additional 70 shares in the last quarter. J.W. Cole Advisors Inc. boosted its stake in Invesco QQQ by 1.5% during the third quarter. J.W. Cole Advisors Inc. now owns 197,604 shares of the exchange traded fund’s stock valued at $118,636,000 after buying an additional 2,847 shares during the period. Beam Wealth Advisors Inc. boosted its stake in Invesco QQQ by 4.1% during the third quarter. Beam Wealth Advisors Inc. now owns 11,106 shares of the exchange traded fund’s stock valued at $6,668,000 after buying an additional 435 shares during the period. Finally, Hantz Financial Services Inc. grew its position in Invesco QQQ by 7.6% during the third quarter. Hantz Financial Services Inc. now owns 6,437 shares of the exchange traded fund’s stock worth $3,860,000 after buying an additional 457 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Invesco QQQ

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

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $616.52 on Wednesday. The stock’s 50-day simple moving average is $620.40 and its two-hundred day simple moving average is $601.69. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were given 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 yield of 0.5%.

Invesco QQQ Company 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.

Further Reading

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.