Horan Capital Consulting LLC. It purchased a new stake in Invesco QQQ (NASDAQ: QQQ – Free Report) in the first quarter, according to its recent Form 13F filing with the Securities and Exchange Commission. The company purchased 625 shares of the ETF, valued at approximately $201,000.
Many other large investors have also recently bought and sold QQQ shares. PayPay Securities Corp. purchased a new stake in Invesco QQQ stock in the fourth quarter worth approximately $50,000. Bbjs Financial Advisors LLC purchased a new stake in Invesco QQQ during the fourth quarter worth approximately $55,000. Glass Jacobson Investment Advisors LLC. GoalVest Advisory LLC boosted its stake in Invesco QQQ stock by 19.5% in the first quarter. GoalVest Advisory LLC now owns 202 shares of the $65,000 exchange-traded fund after purchasing an additional 33 shares during the period. Finally, Studio Investment Management LLC strengthened its position in shares of Invesco QQQ by 836.7% during the fourth quarter. Studio Investment Management LLC now owns 281 shares of the $75,000 exchange-traded fund after purchasing an additional 251 shares during the most recent quarter. Institutional investors own 42.17% of the company’s shares.
Invesco QQQ stock performance
QQQ shares opened at $381.80 on Tuesday. The business has a 50-day moving average of $355.76 and a 200-day moving average of $329.49. Invesco QQQ posted a 52-week low of $254.26 and a 52-week high of $383.50.
Invesco QQQ announces the dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, July 31st. Shareholders of record on Wednesday, June 21st will be issued a dividend of $0.504. The due date is Tuesday, June 20. This represents $2.02 annual dividend yield and a dividend yield of 0.53%.
Profile Invesco QQQ
(free report)
PowerShares QQQ Trust, Series 1 is a unit investment fund that issues securities called Nasdaq-100 index-tracking stocks. The investment objective of the Trust is to provide investment results that are generally consistent with the price and return performance of the Nasdaq-100 Index. The Fund provides investors with the opportunity to purchase beneficial interest units in the Trust representing undivided proportionate shares in the portfolio of securities held by the Trust, which consists substantially of all securities, at substantially the same weighting, as the constituent securities of the Nasdaq Index. 100.
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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com for the latest 13F filings and insider deals for Invesco QQQ (NASDAQ: QQQ – Free Report).
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