Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 181.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,090 shares of the exchange traded fund's stock after purchasing an additional 45,792 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Invesco QQQ were worth $42,553,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of QQQ. 1832 Asset Management L.P. boosted its stake in Invesco QQQ by 100.0% during the second quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund's stock valued at $1,167,000 after buying an additional 40,999,982 shares in the last quarter. Symphony Financial Ltd. Co. acquired a new position in Invesco QQQ during the second quarter worth about $1,236,482,000. HRT Financial LP raised its position in Invesco QQQ by 118.3% in the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund's stock worth $1,735,226,000 after acquiring an additional 1,704,600 shares in the last quarter. JPMorgan Chase & Co. raised its position in Invesco QQQ by 42.4% in the second quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund's stock worth $2,700,424,000 after acquiring an additional 1,457,109 shares in the last quarter. Finally, Kensington Asset Management LLC lifted its holdings in Invesco QQQ by 2,124.5% in the 2nd quarter. Kensington Asset Management LLC now owns 366,881 shares of the exchange traded fund's stock valued at $202,386,000 after acquiring an additional 350,388 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.
Invesco QQQ Stock Performance
NASDAQ:QQQ opened at $593.72 on Friday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The company has a 50-day moving average of $613.26 and a 200-day moving average of $608.68.
Invesco QQQ Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were paid a dividend of $0.7941 per share. This is a boost from Invesco QQQ's previous quarterly dividend of $0.69. This represents a $3.18 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd.
Invesco QQQ News Roundup
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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