Ironwood Investment Counsel LLC Has $2.21 Million Position in Invesco QQQ $QQQ

Ironwood Investment Counsel LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 43.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,675 shares of the exchange traded fund’s stock after acquiring an additional 1,117 shares during the period. Ironwood Investment Counsel LLC’s holdings in Invesco QQQ were worth $2,207,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Morgan Dempsey Capital Management LLC acquired a new stake in Invesco QQQ during the second quarter worth about $30,000. Navigoe LLC lifted its holdings in shares of Invesco QQQ by 300.0% during the 3rd quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 45 shares during the period. PayPay Securities Corp lifted its holdings in shares of Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 30 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth approximately $42,000. Finally, Moser Wealth Advisors LLC increased its stake in Invesco QQQ by 930.0% in the second quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 93 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ opened at $609.65 on Friday. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01. The firm has a 50 day simple moving average of $619.69 and a two-hundred day simple moving average of $602.00.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were issued a dividend of $0.7941 per share. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%.

Invesco QQQ News Summary

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

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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