Creative Capital Management Investments LLC Purchases 92 Shares of Invesco QQQ $QQQ

Creative Capital Management Investments LLC raised its position in shares of Invesco QQQ (NASDAQ:QQQ) by 23.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 488 shares of the exchange traded fund’s stock after acquiring an additional 92 shares during the period. Creative Capital Management Investments LLC’s holdings in Invesco QQQ were worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of QQQ. Brighton Jones LLC increased its position in Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after acquiring an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Invesco QQQ by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after acquiring an additional 176 shares during the last quarter. Wealth Group Ltd. increased its position in Invesco QQQ by 305.2% during the first quarter. Wealth Group Ltd. now owns 6,419 shares of the exchange traded fund’s stock valued at $3,010,000 after acquiring an additional 4,835 shares during the last quarter. Intellectus Partners LLC increased its position in Invesco QQQ by 16.4% during the first quarter. Intellectus Partners LLC now owns 1,857 shares of the exchange traded fund’s stock valued at $872,000 after acquiring an additional 262 shares during the last quarter. Finally, Ehrlich Financial Group grew its holdings in shares of Invesco QQQ by 57.1% in the first quarter. Ehrlich Financial Group now owns 2,767 shares of the exchange traded fund’s stock worth $1,298,000 after purchasing an additional 1,006 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ QQQ opened at $603.18 on Friday. The company’s 50-day moving average price is $579.85 and its 200-day moving average price is $532.17. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $607.33.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 22nd will be issued a $0.694 dividend. The ex-dividend date is Monday, September 22nd. This is a boost 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%.

About Invesco QQQ

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.