Invesco QQQ $QQQ Holdings Decreased by Argentarii LLC

Argentarii LLC decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.0% in the second quarter, Holdings Channel.com reports. The firm owned 2,145 shares of the exchange traded fund’s stock after selling 21 shares during the period. Argentarii LLC’s holdings in Invesco QQQ were worth $1,183,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Marshall & Sullivan Inc. WA acquired a new stake in Invesco QQQ during the second quarter valued at $41,000. Alpine Bank Wealth Management acquired a new stake in Invesco QQQ during the first quarter valued at $50,000. Westend Capital Management LLC acquired a new stake in Invesco QQQ during the first quarter valued at $51,000. Blume Capital Management Inc. boosted its position in Invesco QQQ by 105.0% during 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. Finally, Atlantic Private Wealth LLC boosted its position in Invesco QQQ by 3,000.0% during 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. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ opened at $602.20 on Tuesday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $602.87. The stock has a fifty day moving average price of $573.11 and a 200 day moving average price of $524.79.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 22nd will be given a $0.694 dividend. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59. This represents a $2.78 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, September 22nd.

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.