Vise Technologies Inc. Acquires New Holdings in Invesco QQQ $QQQ

Vise Technologies Inc. acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 56,599 shares of the exchange traded fund’s stock, valued at approximately $41,870,000.

Several other hedge funds have also recently made changes to their positions in QQQ. Flatrock Wealth Partners LLC bought a new stake in Invesco QQQ during the 1st quarter valued at $924,000. Hegarty Advisors LLC bought a new stake in shares of Invesco QQQ during the 1st quarter valued at $2,212,000. Dixon Fnancial Services Inc. grew its position in Invesco QQQ by 119.9% in the third 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. boosted 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 purchasing an additional 2,678 shares during the last quarter. Finally, Financial Insights Inc. raised its stake in shares of Invesco QQQ by 6.8% during the second quarter. Financial Insights Inc. now owns 29,790 shares of the exchange traded fund’s stock worth $21,938,000 after acquiring an additional 1,901 shares in the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Down 3.5%

NASDAQ:QQQ opened at $690.49 on Friday. The firm’s 50-day moving average price is $725.00 and its 200-day moving average price is $679.01. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $762.86.

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 issued a $0.7514 dividend. The ex-dividend date was Monday, September 21st. This represents a $3.01 annualized dividend and a dividend yield of 0.4%. This is a negative change from Invesco QQQ’s previous quarterly dividend of $0.8135.

Invesco QQQ News Roundup

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

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.

See Also

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

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