J.Safra Asset Management Corp Buys 7,963 Shares of Invesco QQQ $QQQ

J.Safra Asset Management Corp boosted its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 2.2% in the 3rd quarter, Holdings Channel reports. The fund owned 364,702 shares of the exchange traded fund’s stock after buying an additional 7,963 shares during the period. Invesco QQQ makes up 13.3% of J.Safra Asset Management Corp’s investment portfolio, making the stock its largest position. J.Safra Asset Management Corp’s holdings in Invesco QQQ were worth $218,956,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of QQQ. GatePass Capital LLC boosted its position in Invesco QQQ by 4.2% in the 3rd quarter. GatePass Capital LLC now owns 2,956 shares of the exchange traded fund’s stock worth $1,775,000 after purchasing an additional 119 shares in the last quarter. Tred Avon Family Wealth LLC purchased a new position in shares of Invesco QQQ during the 3rd quarter valued at approximately $1,127,000. One Wealth Management Investment & Advisory Services LLC lifted its stake in shares of Invesco QQQ by 11.2% in the 3rd quarter. One Wealth Management Investment & Advisory Services LLC now owns 7,626 shares of the exchange traded fund’s stock valued at $4,578,000 after purchasing an additional 771 shares during the period. New Insight Wealth Advisors lifted its stake in shares of Invesco QQQ by 4.8% in the 3rd quarter. New Insight Wealth Advisors now owns 418 shares of the exchange traded fund’s stock valued at $251,000 after purchasing an additional 19 shares during the period. Finally, Stenger Family Office LLC boosted its holdings in Invesco QQQ by 24.4% during the third quarter. Stenger Family Office LLC now owns 725 shares of the exchange traded fund’s stock worth $455,000 after buying an additional 142 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

QQQ stock opened at $621.26 on Friday. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01. The firm’s fifty day moving average is $616.40 and its 200 day moving average is $595.76.

Invesco QQQ Increases Dividend

The firm also recently declared 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 represents a $3.18 annualized dividend and a dividend yield of 0.5%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69.

Key Headlines Impacting Invesco QQQ

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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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