Migdal Insurance & Financial Holdings Ltd. Buys 1,066 Shares of Invesco QQQ $QQQ

Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,113 shares of the exchange traded fund’s stock after purchasing an additional 1,066 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco QQQ were worth $20,352,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of QQQ. Goodman Advisory Group LLC acquired a new position in Invesco QQQ in the third quarter valued at approximately $25,000. Shcp LLC acquired a new position in Invesco QQQ in the third quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC acquired a new position in Invesco QQQ in the third quarter valued at approximately $40,000. PayPay Securities Corp lifted its holdings in Invesco QQQ by 78.9% in the third quarter. PayPay Securities Corp now owns 68 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 30 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in Invesco QQQ in the third quarter valued at approximately $42,000. 44.58% of the stock is owned by institutional investors.

Key Headlines Impacting Invesco QQQ

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

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $655.11 on Thursday. The company’s 50 day simple moving average is $603.84 and its 200 day simple moving average is $611.68. Invesco QQQ has a fifty-two week low of $452.88 and a fifty-two week high of $655.33.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.7328 dividend. The ex-dividend date was Monday, March 23rd. This represents a $2.93 annualized dividend and a yield of 0.4%.

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.

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Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

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

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