Invesco QQQ $QQQ Shares Bought by EdgeRock Capital LLC

EdgeRock Capital LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 9.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,842 shares of the exchange traded fund’s stock after buying an additional 1,070 shares during the quarter. Invesco QQQ accounts for about 2.1% of EdgeRock Capital LLC’s investment portfolio, making the stock its 12th largest holding. EdgeRock Capital LLC’s holdings in Invesco QQQ were worth $7,710,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Fifth Third Securities Inc. increased its stake in Invesco QQQ by 2.6% in the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after buying an additional 2,822 shares during the period. SK Wealth Management LLC bought a new position in Invesco QQQ during the third quarter valued at about $803,000. BCGM Wealth Management LLC boosted its stake in shares of Invesco QQQ by 13.6% during the 2nd quarter. BCGM Wealth Management LLC now owns 25,597 shares of the exchange traded fund’s stock worth $14,120,000 after acquiring an additional 3,066 shares in the last quarter. Prospect Financial Services LLC lifted its holdings in Invesco QQQ by 9.1% in the 2nd quarter. Prospect Financial Services LLC now owns 11,765 shares of the exchange traded fund’s stock worth $6,490,000 after purchasing an additional 986 shares during the last quarter. Finally, Wisconsin Wealth Advisors LLC boosted its holdings in shares of Invesco QQQ by 21.2% during the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 6,747 shares of the exchange traded fund’s stock worth $3,722,000 after buying an additional 1,179 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $621.78 on Friday. The stock has a 50-day simple moving average of $616.17 and a 200 day simple moving average of $594.94. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a $0.7941 dividend. The ex-dividend date was Monday, December 22nd. This is a positive change 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%.

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Invesco QQQ Company 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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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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