XTX Topco Ltd purchased a new stake in Invesco QQQ (NASDAQ:QQQ - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,927 shares of the exchange traded fund's stock, valued at approximately $1,429,000.
Several other large investors have also recently made changes to their positions in the stock. Mechanics Financial Corp purchased a new stake in Invesco QQQ during the second quarter worth about $30,000. CGC Financial Services LLC lifted its holdings in Invesco QQQ by 736.4% during the 2nd quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund's stock worth $44,000 after buying an additional 81 shares in the last quarter. Legacy Bridge LLC lifted its holdings in Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund's stock worth $59,000 after buying an additional 45 shares in the last quarter. BNP Paribas purchased a new position in Invesco QQQ in the 3rd quarter valued at approximately $62,000. Finally, CarsonAllaria Wealth Management Ltd. raised its stake in shares of Invesco QQQ by 27.2% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 131 shares of the exchange traded fund's stock valued at $63,000 after acquiring an additional 28 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ Trading Down 0.8 %
NASDAQ:QQQ traded down $4.10 during midday trading on Monday, reaching $522.38. The company had a trading volume of 20,487,602 shares, compared to its average volume of 37,372,859. The stock's fifty day simple moving average is $500.28 and its 200-day simple moving average is $482.21. Invesco QQQ has a 12-month low of $391.53 and a 12-month high of $526.72.
Invesco QQQ Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were given a dividend of $0.677 per share. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend was Monday, September 23rd.
Invesco QQQ 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.
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