Invesco QQQ $QQQ Holdings Raised by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 9.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,980 shares of the exchange traded fund’s stock after buying an additional 2,765 shares during the quarter. Invesco QQQ accounts for 2.0% of SeaCrest Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. SeaCrest Wealth Management LLC’s holdings in Invesco QQQ were worth $18,193,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Alpine Bank Wealth Management purchased a new position in Invesco QQQ during the 1st quarter worth approximately $50,000. Westend Capital Management LLC acquired a new stake in Invesco QQQ during the first quarter valued at approximately $51,000. Blume Capital Management Inc. grew its holdings in Invesco QQQ by 105.0% in the 1st quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 2,536 shares in the last quarter. Atlantic Private Wealth LLC boosted its stake in Invesco QQQ by 3,000.0% during the 1st 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 in the last quarter. Finally, Putney Financial Group LLC purchased a new stake in shares of Invesco QQQ in the fourth quarter valued at $67,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $599.35 on Friday. Invesco QQQ has a one year low of $402.39 and a one year high of $600.05. The company’s fifty day moving average price is $572.19 and its two-hundred day moving average price is $523.62.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd were issued a $0.5911 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, June 23rd.

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.