1,936 Shares in Invesco QQQ $QQQ Purchased by Ellsworth Advisors LLC

Ellsworth Advisors LLC purchased a new position in shares of Invesco QQQ (NASDAQ:QQQFree Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,936 shares of the exchange traded fund’s stock, valued at approximately $1,166,000.

Several other large investors also recently modified their holdings of the stock. Morgan Dempsey Capital Management LLC acquired a new stake in Invesco QQQ in the 2nd quarter valued at $30,000. Navigoe LLC raised its stake in Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 45 shares in the last quarter. Marshall & Sullivan Inc. WA bought a new position in shares of Invesco QQQ during the second quarter valued at $41,000. Moser Wealth Advisors LLC boosted its stake in shares of Invesco QQQ by 930.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 93 shares in the last quarter. Finally, Canoe Financial LP bought a new stake in shares of Invesco QQQ in the 3rd quarter worth about $64,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ News Roundup

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

Invesco QQQ Trading Down 0.0%

Shares of Invesco QQQ stock opened at $623.89 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The company has a 50-day simple moving average of $616.25 and a 200 day simple moving average of $586.55.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd will be issued a dividend of $0.7941 per share. The ex-dividend date of this dividend is Monday, December 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 annualized dividend and a dividend yield of 0.5%.

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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