Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Rockbridge Investment Management LCC

Rockbridge Investment Management LCC increased its position in Invesco QQQ (NASDAQ:QQQ) by 9.6% in the third quarter, Holdings Channel reports. The firm owned 945 shares of the exchange traded fund’s stock after purchasing an additional 83 shares during the quarter. Rockbridge Investment Management LCC’s holdings in Invesco QQQ were worth $461,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of QQQ. New Covenant Trust Company N.A. bought a new position in Invesco QQQ in the first quarter worth about $28,000. Mechanics Financial Corp bought a new stake in shares of Invesco QQQ during the second quarter valued at approximately $30,000. Chelsea Counsel Co. bought a new stake in shares of Invesco QQQ during the first quarter valued at approximately $40,000. CGC Financial Services LLC raised its holdings in shares of Invesco QQQ by 736.4% during the second quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 81 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. raised its holdings in shares of Invesco QQQ by 30.4% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 103 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 24 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.1 %

QQQ opened at $514.14 on Friday. The business’s 50 day moving average is $484.62 and its 200-day moving average is $471.30. Invesco QQQ has a twelve month low of $369.57 and a twelve month high of $514.92.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were issued a dividend of $0.677 per share. The ex-dividend date was Monday, September 23rd. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.53%.

Invesco QQQ 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.