Invesco QQQ $QQQ Shares Sold by Callan Family Office LLC

Callan Family Office LLC decreased its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 79.6% in the 3rd quarter, Holdings Channel reports. The firm owned 10,717 shares of the exchange traded fund’s stock after selling 41,778 shares during the period. Callan Family Office LLC’s holdings in Invesco QQQ were worth $6,434,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Fifth Third Securities Inc. raised its stake in Invesco QQQ by 2.6% during the 3rd quarter. Fifth Third Securities Inc. now owns 109,863 shares of the exchange traded fund’s stock valued at $65,959,000 after acquiring an additional 2,822 shares during the last quarter. SK Wealth Management LLC acquired a new position in shares of Invesco QQQ in the third quarter valued at approximately $803,000. Great Point Wealth Advisors LLC acquired a new position in shares of Invesco QQQ in the third quarter valued at approximately $507,000. BCGM Wealth Management LLC raised its stake in shares of Invesco QQQ by 13.6% during the second quarter. BCGM Wealth Management LLC now owns 25,597 shares of the exchange traded fund’s stock worth $14,120,000 after purchasing an additional 3,066 shares during the last quarter. Finally, Gateway Investment Advisers LLC acquired a new stake in shares of Invesco QQQ during the third quarter worth $2,086,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ News Roundup

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

Invesco QQQ Price Performance

Shares of QQQ opened at $626.14 on Tuesday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The company’s fifty day moving average is $620.25 and its two-hundred day moving average is $601.30.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 22nd were issued a dividend of $0.7941 per share. This is an increase 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 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.

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

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