Invesco QQQ $QQQ Shares Bought by Santori & Peters Inc.

Santori & Peters Inc. grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 34.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 601 shares of the exchange traded fund’s stock after purchasing an additional 153 shares during the period. Santori & Peters Inc.’s holdings in Invesco QQQ were worth $332,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Beacon Investment Advisory Services Inc. raised its holdings in shares of Invesco QQQ by 16.9% during the second quarter. Beacon Investment Advisory Services Inc. now owns 2,956 shares of the exchange traded fund’s stock worth $1,631,000 after purchasing an additional 428 shares during the period. Regatta Capital Group LLC raised its holdings in shares of Invesco QQQ by 234.8% during the second quarter. Regatta Capital Group LLC now owns 5,933 shares of the exchange traded fund’s stock worth $3,273,000 after purchasing an additional 4,161 shares during the period. Signet Financial Management LLC acquired a new stake in shares of Invesco QQQ during the second quarter worth $211,000. Clarus Group Inc. raised its holdings in shares of Invesco QQQ by 85.1% during the second quarter. Clarus Group Inc. now owns 2,005 shares of the exchange traded fund’s stock worth $1,106,000 after purchasing an additional 922 shares during the period. Finally, TD Private Client Wealth LLC acquired a new stake in shares of Invesco QQQ during the second quarter worth $42,957,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $596.10 on Thursday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $602.87. The company’s fifty day moving average is $574.71 and its two-hundred day moving average is $525.78.

Invesco QQQ Increases Dividend

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

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.