Savant Capital LLC Purchases 4,509 Shares of Invesco QQQ $QQQ

Savant Capital LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 11.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 44,675 shares of the exchange traded fund’s stock after acquiring an additional 4,509 shares during the quarter. Savant Capital LLC’s holdings in Invesco QQQ were worth $26,822,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. 1832 Asset Management L.P. boosted its holdings in shares of Invesco QQQ by 100.0% in 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 purchasing an additional 40,999,982 shares during the period. Symphony Financial Ltd. Co. purchased a new stake in Invesco QQQ during the second quarter worth $1,236,482,000. HRT Financial LP boosted its position in Invesco QQQ by 118.3% during the 2nd quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after acquiring an additional 1,704,600 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invesco QQQ by 42.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock valued at $2,700,424,000 after acquiring an additional 1,457,109 shares during the period. Finally, Kensington Asset Management LLC lifted its stake in shares of Invesco QQQ by 2,124.5% during the 2nd quarter. Kensington Asset Management LLC now owns 366,881 shares of the exchange traded fund’s stock worth $202,386,000 after purchasing an additional 350,388 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Trading Down 1.5%

Shares of Invesco QQQ stock opened at $616.52 on Wednesday. The company has a 50-day simple moving average of $620.40 and a two-hundred day simple moving average of $601.69. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd were issued a $0.7941 dividend. 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 News Summary

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.

Featured Articles

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:QQQFree Report).

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

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.