Vise Technologies Inc. Acquires 56,599 Shares of Invesco QQQ $QQQ

Vise Technologies Inc. acquired a new stake in Invesco QQQ (NASDAQ:QQQ – Free Report) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 56,599 shares of the exchange traded fund’s stock, valued at approximately $41,870,000.

Other hedge funds have also recently modified their holdings of the company. Investment Partners LTD. boosted its stake in shares of Invesco QQQ by 99.3% in the 3rd quarter. Investment Partners LTD. now owns 6,818 shares of the exchange traded fund’s stock valued at $5,044,000 after buying an additional 3,397 shares during the period. Cidel Asset Management Inc. boosted its holdings in shares of Invesco QQQ by 18.5% during the third quarter. Cidel Asset Management Inc. now owns 545 shares of the exchange traded fund’s stock worth $403,000 after purchasing an additional 85 shares during the last quarter. Intrua Financial LLC grew its stake in Invesco QQQ by 2.4% during the third quarter. Intrua Financial LLC now owns 5,026 shares of the exchange traded fund’s stock worth $3,718,000 after buying an additional 117 shares during the period. Curtis Advisory Group LLC lifted its position in shares of Invesco QQQ by 17.0% during the third quarter. Curtis Advisory Group LLC now owns 18,470 shares of the exchange traded fund’s stock worth $13,664,000 after purchasing an additional 2,685 shares in the last quarter. Finally, Gilliland Jeter Wealth Management LLC boosted its stake in Invesco QQQ by 7.9% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 4,887 shares of the exchange traded fund’s stock valued at $3,615,000 after acquiring an additional 359 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ:QQQ opened at $690.49 on Friday. The business has a 50 day simple moving average of $725.00 and a 200 day simple moving average of $679.01. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $762.86.

Invesco QQQ Cuts Dividend

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

Key Invesco QQQ News

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.

Further Reading

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:QQQ – Free Report).

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

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