Clarius Group LLC Increases Stake in Invesco QQQ $QQQ

Clarius Group LLC increased its position in Invesco QQQ (NASDAQ:QQQ) by 0.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 22,809 shares of the exchange traded fund’s stock after acquiring an additional 27 shares during the quarter. Invesco QQQ comprises 0.7% of Clarius Group LLC’s investment portfolio, making the stock its 22nd largest holding. Clarius Group LLC’s holdings in Invesco QQQ were worth $12,582,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in QQQ. GSG Advisors LLC increased its position in shares of Invesco QQQ by 8.2% during the first quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock valued at $3,600,000 after buying an additional 585 shares during the period. Amundi increased its position in shares of Invesco QQQ by 6.3% during the first quarter. Amundi now owns 110,903 shares of the exchange traded fund’s stock valued at $49,980,000 after buying an additional 6,600 shares during the period. Jackson Wealth Management LLC increased its position in shares of Invesco QQQ by 8.6% during the first quarter. Jackson Wealth Management LLC now owns 20,105 shares of the exchange traded fund’s stock valued at $9,428,000 after buying an additional 1,586 shares during the period. Greykasell Wealth Strategies Inc. increased its position in shares of Invesco QQQ by 8.4% during the first quarter. Greykasell Wealth Strategies Inc. now owns 7,782 shares of the exchange traded fund’s stock valued at $3,649,000 after buying an additional 605 shares during the period. Finally, AM Investment Strategies LLC increased its position in shares of Invesco QQQ by 46.5% during the first quarter. AM Investment Strategies LLC now owns 1,927 shares of the exchange traded fund’s stock valued at $904,000 after buying an additional 612 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.4%

Shares of QQQ opened at $603.18 on Monday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $607.33. The business’s 50-day moving average price is $579.85 and its 200-day moving average price is $532.54.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 22nd will be issued a dividend of $0.694 per share. The ex-dividend date of this dividend is Monday, September 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59. This represents a $2.78 annualized dividend and a dividend yield of 0.5%.

Invesco QQQ Company Profile

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.