Invesco QQQ $QQQ Shares Purchased by Curtis Advisory Group LLC

Curtis Advisory Group LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 17.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,470 shares of the exchange traded fund’s stock after purchasing an additional 2,685 shares during the quarter. Invesco QQQ accounts for approximately 2.6% of Curtis Advisory Group LLC’s holdings, making the stock its 8th biggest position. Curtis Advisory Group LLC’s holdings in Invesco QQQ were worth $13,664,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. GoalVest Advisory LLC lifted its stake in shares of Invesco QQQ by 20,256.6% in the third quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund’s stock valued at $454,185,000 after buying an additional 610,939 shares during the period. Corient Private Wealth LP grew its position in Invesco QQQ by 506.8% during the second quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund’s stock worth $401,553,000 after buying an additional 455,412 shares in the last quarter. Alaska Permanent Fund Corp bought a new position in Invesco QQQ during the second quarter valued at about $207,072,000. International Assets Investment Management LLC increased its stake in Invesco QQQ by 390.3% during the third quarter. International Assets Investment Management LLC now owns 300,000 shares of the exchange traded fund’s stock valued at $221,931,000 after acquiring an additional 238,814 shares during the period. Finally, Senator Investment Group LP acquired a new position in Invesco QQQ in the 2nd quarter valued at approximately $157,221,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ News Roundup

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

Invesco QQQ Stock Down 3.5%

Shares of QQQ stock opened at $690.49 on Friday. Invesco QQQ has a one year low of $555.60 and a one year high of $762.86. The stock has a fifty day moving average price of $725.00 and a 200 day moving average price of $679.01.

Invesco QQQ Cuts Dividend

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

Invesco QQQ Company 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.

Further Reading

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

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