Generali Investments CEE investicni spolecnost a.s. Purchases 13,778 Shares of Invesco QQQ $QQQ

Generali Investments CEE investicni spolecnost a.s. grew its position in Invesco QQQ (NASDAQ:QQQ) by 57.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,969 shares of the exchange traded fund’s stock after purchasing an additional 13,778 shares during the quarter. Invesco QQQ makes up 1.7% of Generali Investments CEE investicni spolecnost a.s.’s investment portfolio, making the stock its 5th largest position. Generali Investments CEE investicni spolecnost a.s.’s holdings in Invesco QQQ were worth $20,945,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Marshall & Sullivan Inc. WA acquired a new stake in shares of Invesco QQQ in the 2nd quarter valued at $41,000. Alpine Bank Wealth Management acquired a new stake in Invesco QQQ during the 1st quarter worth $50,000. Westend Capital Management LLC acquired a new stake in Invesco QQQ during the 1st quarter worth $51,000. Blume Capital Management Inc. raised its stake in Invesco QQQ by 105.0% during the 1st quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 2,536 shares in the last quarter. Finally, Atlantic Private Wealth LLC raised its stake in Invesco QQQ by 3,000.0% during the 1st quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock worth $58,000 after acquiring an additional 120 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.3%

Shares of NASDAQ:QQQ opened at $600.37 on Wednesday. The company’s fifty day moving average price is $577.51 and its 200 day moving average price is $529.57. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $602.87.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, September 22nd will be paid a dividend of $0.694 per share. The ex-dividend date is Monday, September 22nd. This represents a $2.78 annualized dividend and a yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59.

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.