Invesco QQQ $QQQ Shares Purchased by NorthStar Asset Management LLC NJ

NorthStar Asset Management LLC NJ lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 12.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,869 shares of the exchange traded fund’s stock after acquiring an additional 739 shares during the period. Invesco QQQ accounts for approximately 1.0% of NorthStar Asset Management LLC NJ’s investment portfolio, making the stock its 18th biggest holding. NorthStar Asset Management LLC NJ’s holdings in Invesco QQQ were worth $3,789,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GSG Advisors LLC grew its position in shares of Invesco QQQ by 8.2% during the first quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock worth $3,600,000 after acquiring an additional 585 shares during the last quarter. Amundi boosted its stake in Invesco QQQ by 6.3% during the 1st quarter. Amundi now owns 110,903 shares of the exchange traded fund’s stock worth $49,980,000 after purchasing an additional 6,600 shares during the period. Greykasell Wealth Strategies Inc. grew its position in Invesco QQQ by 8.4% during the 1st quarter. Greykasell Wealth Strategies Inc. now owns 7,782 shares of the exchange traded fund’s stock worth $3,649,000 after purchasing an additional 605 shares during the last quarter. AM Investment Strategies LLC increased its stake in Invesco QQQ by 46.5% in the first quarter. AM Investment Strategies LLC now owns 1,927 shares of the exchange traded fund’s stock valued at $904,000 after purchasing an additional 612 shares during the period. Finally, Banco Santander S.A. raised its holdings in shares of Invesco QQQ by 100.2% in the first quarter. Banco Santander S.A. now owns 75,125 shares of the exchange traded fund’s stock valued at $35,228,000 after buying an additional 37,605 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $599.87 on Thursday. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01. The business’s 50-day moving average price is $607.05 and its 200 day moving average price is $567.67.

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 $0.694 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This is an increase 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%.

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.