Invesco QQQ $QQQ Holdings Decreased by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. trimmed its position in Invesco QQQ (NASDAQ:QQQ) by 16.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,180 shares of the exchange traded fund’s stock after selling 424 shares during the quarter. Whitaker Myers Wealth Managers LTD.’s holdings in Invesco QQQ were worth $1,203,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in QQQ. Goldman Sachs Group Inc. grew its stake in Invesco QQQ by 959.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund’s stock worth $11,300,023,000 after buying an additional 21,823,765 shares during the last quarter. Mullooly Asset Management Inc. bought a new position in Invesco QQQ during the 1st quarter worth $2,775,904,000. Northwestern Mutual Wealth Management Co. grew its stake in Invesco QQQ by 1.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,201,107 shares of the exchange traded fund’s stock worth $1,501,063,000 after buying an additional 52,234 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Invesco QQQ by 2.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,480,244 shares of the exchange traded fund’s stock worth $1,163,036,000 after buying an additional 54,944 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in Invesco QQQ by 55,795.2% during the 1st quarter. GAMMA Investing LLC now owns 1,871,929 shares of the exchange traded fund’s stock worth $8,777,850,000 after buying an additional 1,868,580 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ opened at $586.66 on Friday. The stock has a fifty day moving average price of $568.24 and a 200 day moving average price of $520.54. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $587.86.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Monday, June 23rd were paid a dividend of $0.5911 per share. This represents a $2.36 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, June 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.