Invesco QQQ $QQQ is Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s 2nd Largest Position

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 5.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 274,212 shares of the exchange traded fund’s stock after buying an additional 15,089 shares during the period. Invesco QQQ accounts for approximately 11.0% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s portfolio, making the stock its 2nd largest position. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in Invesco QQQ were worth $151,518,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cardinal Point Capital Management ULC lifted its stake in Invesco QQQ by 2.4% in the 2nd quarter. Cardinal Point Capital Management ULC now owns 4,112 shares of the exchange traded fund’s stock worth $2,271,000 after purchasing an additional 95 shares in the last quarter. GenTrust LLC grew its holdings in Invesco QQQ by 8.6% during the 2nd quarter. GenTrust LLC now owns 112,416 shares of the exchange traded fund’s stock valued at $62,080,000 after purchasing an additional 8,936 shares during the last quarter. Sharper & Granite LLC grew its stake in Invesco QQQ by 4.4% in the 2nd quarter. Sharper & Granite LLC now owns 8,519 shares of the exchange traded fund’s stock worth $4,692,000 after acquiring an additional 359 shares in the last quarter. Moser Wealth Advisors LLC grew its stake in Invesco QQQ by 930.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 93 shares in the last quarter. Finally, Warburton Capital Management LLC bought a new position in Invesco QQQ in the 2nd quarter worth about $218,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.8%

NASDAQ QQQ opened at $610.58 on Friday. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $613.18. The firm’s 50 day moving average price is $589.82 and its 200-day moving average price is $544.88.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, September 22nd will be issued a dividend of $0.694 per share. This represents a $2.78 annualized dividend and a dividend yield of 0.5%. 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.

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.