Moneta Group Investment Advisors LLC Grows Stock Position in Invesco QQQ $QQQ

Moneta Group Investment Advisors LLC increased its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 4.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 38,128 shares of the exchange traded fund’s stock after buying an additional 1,563 shares during the period. Moneta Group Investment Advisors LLC’s holdings in Invesco QQQ were worth $22,891,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Goodman Advisory Group LLC acquired a new stake in Invesco QQQ in the third quarter valued at approximately $25,000. Navigoe LLC boosted its stake in shares of Invesco QQQ by 300.0% in the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 45 shares during the period. PayPay Securities Corp grew its holdings in Invesco QQQ by 78.9% during the 3rd quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in Invesco QQQ during the 3rd quarter worth $42,000. Finally, Morgan Dempsey Capital Management LLC lifted its holdings in Invesco QQQ by 45.5% in the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 80 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 25 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ News Roundup

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

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $600.38 on Tuesday. The firm has a 50-day moving average of $612.91 and a two-hundred day moving average of $609.09. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01.

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 issued a $0.7941 dividend. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.

Invesco QQQ 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.

Featured Stories

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

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