Invesco QQQ $QQQ Shares Purchased by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. increased its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 42.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,170 shares of the exchange traded fund’s stock after buying an additional 17,985 shares during the period. Invesco QQQ comprises 1.8% of Ausdal Financial Partners Inc.’s investment portfolio, making the stock its 5th largest holding. Ausdal Financial Partners Inc.’s holdings in Invesco QQQ were worth $36,125,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in QQQ. 1832 Asset Management L.P. grew its stake in shares of Invesco QQQ by 100.0% in 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 acquiring an additional 40,999,982 shares in the last quarter. Symphony Financial Ltd. Co. acquired a new stake in shares of Invesco QQQ in the second quarter valued at $1,236,482,000. HRT Financial LP boosted 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 purchasing an additional 1,704,600 shares during the period. JPMorgan Chase & Co. boosted its holdings in Invesco QQQ by 42.4% in the second quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock valued at $2,700,424,000 after purchasing an additional 1,457,109 shares during the period. Finally, Kensington Asset Management LLC grew its stake in Invesco QQQ by 2,124.5% during the 2nd quarter. Kensington Asset Management LLC now owns 366,881 shares of the exchange traded fund’s stock worth $202,386,000 after purchasing an additional 350,388 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

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 $593.72 on Friday. The stock’s 50-day moving average is $613.26 and its two-hundred day moving average is $608.68. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were given a dividend of $0.7941 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

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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