Vestmark Advisory Solutions Inc. Boosts Stock Holdings in Invesco QQQ $QQQ

Vestmark Advisory Solutions Inc. grew its position in Invesco QQQ (NASDAQ:QQQFree Report) by 1,645.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,680 shares of the exchange traded fund’s stock after purchasing an additional 7,240 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Invesco QQQ were worth $4,611,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in QQQ. Navigoe LLC increased its stake in Invesco QQQ by 300.0% in the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 45 shares during the last quarter. PayPay Securities Corp increased its position in shares of Invesco QQQ by 78.9% during the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 30 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in Invesco QQQ during the third quarter worth $42,000. Canoe Financial LP purchased a new position in Invesco QQQ in the third quarter worth $64,000. Finally, Ball & Co Wealth Management Inc. bought a new position in Invesco QQQ in the 3rd quarter valued at $69,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 1.2%

Shares of Invesco QQQ stock opened at $601.41 on Tuesday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The stock has a fifty day moving average price of $616.22 and a 200-day moving average price of $605.73.

Invesco QQQ Increases Dividend

The business also recently disclosed 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. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd.

Key Invesco QQQ News

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

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

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