Invesco QQQ $QQQ Shares Sold by KPP Advisory Services LLC

KPP Advisory Services LLC lessened its holdings in Invesco QQQ (NASDAQ:QQQFree Report) by 4.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 33,563 shares of the exchange traded fund’s stock after selling 1,503 shares during the period. Invesco QQQ accounts for about 3.1% of KPP Advisory Services LLC’s portfolio, making the stock its 7th biggest position. KPP Advisory Services LLC’s holdings in Invesco QQQ were worth $24,716,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. CAP Partners LLC boosted its holdings in shares of Invesco QQQ by 3.5% in the 1st quarter. CAP Partners LLC now owns 444 shares of the exchange traded fund’s stock valued at $256,000 after acquiring an additional 15 shares during the last quarter. Durante & Waters LLC raised its holdings in shares of Invesco QQQ by 1.1% during the first quarter. Durante & Waters LLC now owns 1,425 shares of the exchange traded fund’s stock worth $822,000 after purchasing an additional 15 shares during the last quarter. Roxbury Financial LLC lifted its position in Invesco QQQ by 19.7% during the second quarter. Roxbury Financial LLC now owns 91 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 15 shares during the period. GoalVest Advisory LLC lifted its position in Invesco QQQ by 0.5% during the second quarter. GoalVest Advisory LLC now owns 3,016 shares of the exchange traded fund’s stock valued at $2,221,000 after purchasing an additional 15 shares during the period. Finally, Forty three Eighteen Advisors LLC boosted its holdings in Invesco QQQ by 0.6% in the first quarter. Forty three Eighteen Advisors LLC now owns 2,694 shares of the exchange traded fund’s stock valued at $1,555,000 after purchasing an additional 16 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

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Invesco QQQ Stock Down 0.2%

Shares of QQQ opened at $716.08 on Thursday. The business’s 50-day moving average is $714.04 and its two-hundred day moving average is $667.07. Invesco QQQ has a fifty-two week low of $555.60 and a fifty-two week high of $748.65.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were paid a $0.8135 dividend. The ex-dividend date was Monday, June 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 dividend on an annualized basis and a dividend yield of 0.5%.

Invesco QQQ Company Profile

(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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