Regal Partners Ltd Buys Shares of 457 Invesco QQQ $QQQ

Regal Partners Ltd bought a new stake in Invesco QQQ (NASDAQ:QQQ) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 457 shares of the exchange traded fund’s stock, valued at approximately $252,000.

Several other hedge funds have also recently bought and sold shares of QQQ. Brighton Jones LLC increased its holdings in Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after buying an additional 4,989 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the last quarter. Wealth Group Ltd. grew its holdings in shares of Invesco QQQ by 305.2% during the 1st quarter. Wealth Group Ltd. now owns 6,419 shares of the exchange traded fund’s stock valued at $3,010,000 after purchasing an additional 4,835 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Invesco QQQ by 62.6% during the 1st quarter. Principal Financial Group Inc. now owns 46,119 shares of the exchange traded fund’s stock valued at $21,626,000 after purchasing an additional 17,750 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. grew its holdings in shares of Invesco QQQ by 32.9% during the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 24,191 shares of the exchange traded fund’s stock valued at $11,344,000 after purchasing an additional 5,991 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Up 0.5%

Shares of Invesco QQQ stock opened at $629.07 on Friday. The firm’s 50 day moving average is $596.70 and its 200 day moving average is $553.82. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Monday, September 22nd were issued a dividend of $0.694 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.78 annualized dividend and a dividend yield of 0.4%.

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.