Sentinel Advisory Group LLC Takes $458,000 Position in Invesco QQQ $QQQ

Sentinel Advisory Group LLC bought a new stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 794 shares of the exchange traded fund’s stock, valued at approximately $458,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. purchased a new position in Invesco QQQ during the fourth quarter worth $25,000. Shcp LLC bought a new stake in shares of Invesco QQQ in the 3rd quarter worth about $27,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Invesco QQQ by 2,150.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 43 shares during the period. Rachor Investment Advisory Services LLC bought a new position in Invesco QQQ during the 4th quarter valued at about $29,000. Finally, Islay Capital Management LLC purchased a new stake in Invesco QQQ in the 4th quarter worth about $32,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $684.25 on Friday. Invesco QQQ has a 1 year low of $551.68 and a 1 year high of $748.65. The firm has a 50-day simple moving average of $718.86 and a two-hundred day simple moving average of $655.96.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were issued a dividend of $0.8135 per share. This represents a $3.25 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

Invesco QQQ News Roundup

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.

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

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