Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 10.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,370 shares of the exchange traded fund’s stock after purchasing an additional 3,612 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Invesco QQQ were worth $16,122,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Chevy Chase Trust Holdings LLC boosted its holdings in Invesco QQQ by 8.0% during the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 4,457 shares of the exchange traded fund’s stock valued at $1,597,000 after acquiring an additional 329 shares during the period. Independent Advisor Alliance increased its stake in Invesco QQQ by 2.3% during the 3rd quarter. Independent Advisor Alliance now owns 1,743 shares of the exchange traded fund’s stock worth $624,000 after buying an additional 40 shares during the period. Bank of New York Mellon Corp lifted its holdings in Invesco QQQ by 244.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 380,566 shares of the exchange traded fund’s stock worth $136,345,000 after buying an additional 270,035 shares in the last quarter. Beacon Financial Planning Inc. boosted its position in Invesco QQQ by 0.7% in the 3rd quarter. Beacon Financial Planning Inc. now owns 42,724 shares of the exchange traded fund’s stock valued at $15,307,000 after buying an additional 304 shares during the period. Finally, Bouchey Financial Group Ltd grew its stake in shares of Invesco QQQ by 2.4% in the third quarter. Bouchey Financial Group Ltd now owns 376,751 shares of the exchange traded fund’s stock worth $134,993,000 after acquiring an additional 8,976 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 2.0 %

Shares of Invesco QQQ stock traded up $8.58 during trading hours on Friday, reaching $435.48. 48,245,958 shares of the company were exchanged, compared to its average volume of 45,909,441. The stock’s fifty day moving average is $436.56 and its 200 day moving average is $411.72. Invesco QQQ has a 1 year low of $315.11 and a 1 year high of $449.34.

Invesco QQQ Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.5735 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $2.29 annualized dividend and a yield of 0.53%.

Invesco QQQ Company Profile

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.