Mirae Asset Global Investments Co. Ltd. Buys 138,947 Shares of Invesco QQQ $QQQ

Mirae Asset Global Investments Co. Ltd. bought a new stake in Invesco QQQ (NASDAQ:QQQ – Free Report) during the third quarter, HoldingsChannel.com reports. The firm bought 138,947 shares of the exchange traded fund’s stock, valued at approximately $102,789,000.

Other large investors have also recently modified their holdings of the company. Flatrock Wealth Partners LLC bought a new stake in shares of Invesco QQQ during the first quarter worth $924,000. Hegarty Advisors LLC bought a new position in shares of Invesco QQQ in the 1st quarter valued at $2,212,000. Dixon Fnancial Services Inc. lifted its stake in shares of Invesco QQQ by 119.9% in the 3rd quarter. Dixon Fnancial Services Inc. now owns 1,834 shares of the exchange traded fund’s stock valued at $1,357,000 after acquiring an additional 1,000 shares during the last quarter. Ascension Capital Advisors Inc. lifted its stake in shares of Invesco QQQ by 643.8% in the 1st quarter. Ascension Capital Advisors Inc. now owns 3,094 shares of the exchange traded fund’s stock valued at $1,786,000 after acquiring an additional 2,678 shares during the last quarter. Finally, Financial Insights Inc. boosted its holdings in shares of Invesco QQQ by 6.8% during the 2nd quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock valued at $21,938,000 after acquiring an additional 1,901 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $690.49 on Friday. Invesco QQQ has a twelve month low of $555.60 and a twelve month high of $762.86. The business’s fifty day moving average is $725.00 and its 200 day moving average is $679.01.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Monday, September 21st were given a $0.7514 dividend. This is a drop from Invesco QQQ’s previous quarterly dividend of $0.8135. This represents a $3.01 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, September 21st.

Key Stories Impacting Invesco QQQ

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

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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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:QQQ – Free Report).

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

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