Invesco QQQ (NASDAQ:QQQ) Shares Purchased by Fulton Breakefield Broenniman LLC

Fulton Breakefield Broenniman LLC raised its position in Invesco QQQ (NASDAQ:QQQ) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,170 shares of the exchange traded fund’s stock after purchasing an additional 166 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in Invesco QQQ were worth $3,987,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in QQQ. New Covenant Trust Company N.A. bought a new stake in shares of Invesco QQQ during the 1st quarter worth about $28,000. Mechanics Financial Corp acquired a new position in shares of Invesco QQQ during the second quarter valued at approximately $30,000. Chelsea Counsel Co. bought a new stake in Invesco QQQ during the first quarter worth approximately $40,000. CGC Financial Services LLC lifted its position in Invesco QQQ by 736.4% in the second quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 81 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. boosted its stake in Invesco QQQ by 30.4% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 103 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 24 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.0 %

Shares of QQQ stock opened at $490.91 on Thursday. Invesco QQQ has a 1 year low of $342.35 and a 1 year high of $503.52. The business’s fifty day moving average is $475.94 and its 200-day moving average is $464.29.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Monday, September 23rd will be given a $0.677 dividend. This represents a $2.71 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend is Monday, September 23rd.

About Invesco QQQ

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.