1,404 Invesco QQQ $QQQ Shares Purchased by Post Resch Tallon Group Inc.

Post Resch Tallon Group Inc. increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 12.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 12,830 shares of the exchange traded fund’s stock after acquiring an additional 1,404 shares during the period. Invesco QQQ comprises approximately 6.6% of Post Resch Tallon Group Inc.’s portfolio, making the stock its 3rd biggest holding. Post Resch Tallon Group Inc.’s holdings in Invesco QQQ were worth $9,492,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Heartwood Wealth Advisors LLC increased its holdings in Invesco QQQ by 0.7% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 1,952 shares of the exchange traded fund’s stock valued at $1,444,000 after acquiring an additional 14 shares during the last quarter. CAP Partners LLC boosted its holdings in shares of Invesco QQQ by 3.5% during the 1st quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after purchasing an additional 15 shares during the last quarter. Durante & Waters LLC grew its position in shares of Invesco QQQ by 1.1% during the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock valued at $822,000 after purchasing an additional 15 shares in the last quarter. Roxbury Financial LLC increased its holdings in shares of Invesco QQQ by 19.7% in the second quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 15 shares during the last quarter. Finally, GoalVest Advisory LLC lifted its position in shares of Invesco QQQ by 0.5% in the second quarter. GoalVest Advisory LLC now owns 3,016 shares of the exchange traded fund’s stock worth $2,221,000 after buying an additional 15 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $747.58 on Friday. The stock has a 50 day moving average of $723.87 and a 200 day moving average of $697.62. Invesco QQQ has a 12 month low of $555.60 and a 12 month high of $762.86.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Monday, September 21st were given a dividend of $0.7514 per share. The ex-dividend date was Monday, September 21st. This represents a $3.01 dividend on an annualized basis and a dividend yield of 0.4%. This is a decrease from Invesco QQQ’s previous quarterly dividend of $0.8135.

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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