RPg Family Wealth Advisory LLC Takes $537,000 Position in Invesco QQQ $QQQ

RPg Family Wealth Advisory LLC bought a new position in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 894 shares of the exchange traded fund’s stock, valued at approximately $537,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Navigoe LLC grew its position in Invesco QQQ by 300.0% during the third quarter. Navigoe LLC now owns 60 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 45 shares in the last quarter. PayPay Securities Corp grew 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 purchasing an additional 30 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Invesco QQQ during the third quarter valued at approximately $42,000. Accent Capital Management LLC raised its stake in shares of Invesco QQQ by 43.1% in the third quarter. Accent Capital Management LLC now owns 83 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 25 shares in the last quarter. Finally, Canoe Financial LP bought a new position in Invesco QQQ in the third quarter worth $64,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.1%

NASDAQ:QQQ opened at $601.58 on Wednesday. The company has a 50-day moving average of $615.63 and a 200-day moving average of $607.03. Invesco QQQ has a 52 week low of $402.39 and a 52 week 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 given 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 was Monday, December 22nd. This represents a $3.18 dividend on an annualized basis and a dividend yield of 0.5%.

Key Stories Impacting Invesco QQQ

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

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.

See Also

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

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.