Invesco QQQ $QQQ Shares Bought by Nvwm LLC

Nvwm LLC increased its position in Invesco QQQ (NASDAQ:QQQ) by 331.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,274 shares of the exchange traded fund’s stock after acquiring an additional 979 shares during the period. Nvwm LLC’s holdings in Invesco QQQ were worth $703,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of QQQ. Kingstone Capital Partners Texas LLC boosted its position in shares of Invesco QQQ by 704,593.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 67,615,365 shares of the exchange traded fund’s stock valued at $37,299,340,000 after purchasing an additional 67,605,770 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Invesco QQQ by 959.6% during the first quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund’s stock valued at $11,300,023,000 after purchasing an additional 21,823,765 shares during the last quarter. Mullooly Asset Management Inc. acquired a new stake in Invesco QQQ during the first quarter valued at approximately $2,775,904,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco QQQ by 1.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,201,107 shares of the exchange traded fund’s stock worth $1,501,063,000 after buying an additional 52,234 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Invesco QQQ by 2.3% in the first quarter. Commonwealth Equity Services LLC now owns 2,480,244 shares of the exchange traded fund’s stock worth $1,163,036,000 after buying an additional 54,944 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.3%

NASDAQ QQQ opened at $609.74 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The business’s fifty day moving average is $601.34 and its two-hundred day moving average is $559.22.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, September 22nd were issued a dividend of $0.694 per share. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59. This represents a $2.78 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was 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.