Invesco QQQ $QQQ Shares Bought by Sollinda Capital Management LLC

Sollinda Capital Management LLC raised its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 183.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,143 shares of the exchange traded fund’s stock after purchasing an additional 1,388 shares during the period. Invesco QQQ accounts for approximately 0.4% of Sollinda Capital Management LLC’s portfolio, making the stock its 27th largest holding. Sollinda Capital Management LLC’s holdings in Invesco QQQ were worth $1,286,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Morgan Dempsey Capital Management LLC acquired a new position in shares of Invesco QQQ in the second quarter worth $30,000. Navigoe LLC raised its stake in Invesco QQQ by 300.0% in the 3rd 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 last quarter. PayPay Securities Corp raised its stake in Invesco QQQ by 78.9% in 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 during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Invesco QQQ in the 3rd quarter valued at about $42,000. Finally, Moser Wealth Advisors LLC boosted its stake in shares of Invesco QQQ by 930.0% during the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 93 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Price Performance

NASDAQ:QQQ opened at $626.14 on Tuesday. The firm has a 50 day simple moving average of $620.25 and a 200-day simple moving average of $601.30. 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. Shareholders of record on Monday, December 22nd were issued a $0.7941 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date was Monday, December 22nd. This represents a $3.18 annualized dividend and a yield of 0.5%.

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.

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

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