Swf LLC Purchases New Holdings in Invesco QQQ $QQQ

Swf LLC acquired a new position in Invesco QQQ (NASDAQ:QQQFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 105,000 shares of the exchange traded fund’s stock, valued at approximately $63,039,000. Invesco QQQ comprises approximately 6.5% of Swf LLC’s investment portfolio, making the stock its 5th largest position.

A number of other hedge funds have also recently bought and sold shares of the company. 1832 Asset Management L.P. grew its position in shares of Invesco QQQ by 100.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock worth $1,167,000 after buying an additional 40,999,982 shares during the period. Symphony Financial Ltd. Co. acquired a new stake in Invesco QQQ during the 2nd quarter worth $1,236,482,000. HRT Financial LP raised its position in shares of Invesco QQQ by 118.3% during the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after acquiring an additional 1,704,600 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Invesco QQQ by 42.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock valued at $2,700,424,000 after acquiring an additional 1,457,109 shares during the last quarter. Finally, Kensington Asset Management LLC lifted its stake in shares of Invesco QQQ by 2,124.5% in the 2nd quarter. Kensington Asset Management LLC now owns 366,881 shares of the exchange traded fund’s stock valued at $202,386,000 after purchasing an additional 350,388 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Key Invesco QQQ News

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

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $601.92 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The stock’s fifty day simple moving average is $618.30 and its 200-day simple moving average is $603.51.

Invesco QQQ Increases Dividend

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

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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