Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Family Capital Management Inc.

Family Capital Management Inc. boosted its position in Invesco QQQ (NASDAQ:QQQ) by 1.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 32,323 shares of the exchange traded fund’s stock after purchasing an additional 359 shares during the quarter. Invesco QQQ comprises 9.4% of Family Capital Management Inc.’s portfolio, making the stock its 3rd biggest holding. Family Capital Management Inc.’s holdings in Invesco QQQ were worth $13,237,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC boosted its position in shares of Invesco QQQ by 113.5% during the 2nd quarter. Barclays PLC now owns 5,777,618 shares of the exchange traded fund’s stock valued at $2,134,368,000 after purchasing an additional 48,423,350 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its position in shares of Invesco QQQ by 156,045.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 43,491,085 shares of the exchange traded fund’s stock valued at $11,580,806,000 after purchasing an additional 43,463,232 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Invesco QQQ by 40,957.3% during the 4th quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock valued at $11,602,698,000 after purchasing an additional 28,263,426 shares in the last quarter. Morgan Stanley boosted its position in shares of Invesco QQQ by 10.0% during the 4th quarter. Morgan Stanley now owns 16,815,487 shares of the exchange traded fund’s stock valued at $4,477,628,000 after purchasing an additional 1,533,114 shares in the last quarter. Finally, Granite Bay Wealth Management LLC boosted its position in shares of Invesco QQQ by 2,372.7% during the 3rd quarter. Granite Bay Wealth Management LLC now owns 804,357 shares of the exchange traded fund’s stock valued at $298,345,000 after purchasing an additional 771,827 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.6 %

Shares of Invesco QQQ stock traded down $2.43 on Thursday, hitting $423.41. 46,041,500 shares of the company’s stock traded hands, compared to its average volume of 45,609,891. Invesco QQQ has a one year low of $309.89 and a one year high of $449.34. The company has a fifty day moving average of $438.24 and a two-hundred day moving average of $407.40.

Invesco QQQ Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, March 19th will be given a dividend of $0.5735 per share. The ex-dividend date is Monday, March 18th. This represents a $2.29 annualized dividend and a dividend yield of 0.54%.

About Invesco QQQ

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.