Invesco QQQ $QQQ Shares Acquired by Waller Financial Planning Group Inc.

Waller Financial Planning Group Inc. grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 64.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,509 shares of the exchange traded fund’s stock after purchasing an additional 593 shares during the quarter. Waller Financial Planning Group Inc.’s holdings in Invesco QQQ were worth $832,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Alpine Bank Wealth Management acquired a new stake in shares of Invesco QQQ in the first quarter valued at approximately $50,000. Westend Capital Management LLC acquired a new stake in shares of Invesco QQQ in the first quarter valued at approximately $51,000. Blume Capital Management Inc. grew its position in shares of Invesco QQQ by 105.0% in the first quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 2,536 shares during the last quarter. Atlantic Private Wealth LLC grew its position in shares of Invesco QQQ by 3,000.0% in the first quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 120 shares during the last quarter. Finally, Putney Financial Group LLC acquired a new stake in shares of Invesco QQQ in the fourth quarter valued at approximately $67,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

Shares of NASDAQ QQQ opened at $586.66 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $587.86. The firm’s 50 day moving average price is $568.24 and its 200 day moving average price is $520.50.

Invesco QQQ Cuts Dividend

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

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.