Invesco QQQ (NASDAQ:QQQ) Position Raised by Y.D. More Investments Ltd

Y.D. More Investments Ltd lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.6% in the 2nd quarter, Holdings Channel reports. The fund owned 28,259 shares of the exchange traded fund’s stock after buying an additional 155 shares during the period. Invesco QQQ comprises 1.4% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 20th biggest holding. Y.D. More Investments Ltd’s holdings in Invesco QQQ were worth $13,537,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Prospect Financial Services LLC boosted its position in shares of Invesco QQQ by 0.3% during the 2nd quarter. Prospect Financial Services LLC now owns 6,385 shares of the exchange traded fund’s stock valued at $3,059,000 after purchasing an additional 21 shares in the last quarter. Sweeney & Michel LLC boosted its holdings in Invesco QQQ by 4.0% during the second quarter. Sweeney & Michel LLC now owns 575 shares of the exchange traded fund’s stock worth $286,000 after buying an additional 22 shares in the last quarter. Family Firm Inc. boosted its holdings in Invesco QQQ by 3.1% during the second quarter. Family Firm Inc. now owns 738 shares of the exchange traded fund’s stock worth $354,000 after buying an additional 22 shares in the last quarter. Summit X LLC grew its position in Invesco QQQ by 0.4% in the fourth quarter. Summit X LLC now owns 5,983 shares of the exchange traded fund’s stock worth $2,451,000 after buying an additional 24 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. increased its holdings in shares of Invesco QQQ by 30.4% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 103 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 24 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 2.2 %

Shares of NASDAQ:QQQ opened at $468.62 on Thursday. The stock has a fifty day moving average of $470.86 and a 200-day moving average of $456.68. Invesco QQQ has a one year low of $342.35 and a one year high of $503.52.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, June 24th were given a $0.7615 dividend. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.57. The ex-dividend date was Monday, June 24th. This represents a $3.05 dividend on an annualized basis and a dividend yield of 0.65%.

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.