Invesco QQQ $QQQ Shares Sold by One Charles Private Wealth Services LLC

One Charles Private Wealth Services LLC lowered its holdings in Invesco QQQ (NASDAQ:QQQ) by 14.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,014 shares of the exchange traded fund’s stock after selling 178 shares during the period. One Charles Private Wealth Services LLC’s holdings in Invesco QQQ were worth $559,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Morgan Dempsey Capital Management LLC purchased a new position in shares of Invesco QQQ in the second quarter valued at $30,000. Marshall & Sullivan Inc. WA acquired a new position in Invesco QQQ during the 2nd quarter worth $41,000. Moser Wealth Advisors LLC raised its stake in shares of Invesco QQQ by 930.0% during the second quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 93 shares in the last quarter. Atlantic Private Wealth LLC grew its position in Invesco QQQ by 3,000.0% in the 1st quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock valued at $58,000 after buying an additional 120 shares in the last quarter. Finally, Ransom Advisory Ltd bought a new stake in shares of Invesco QQQ during the 1st quarter worth about $70,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $605.16 on Tuesday. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01. The stock’s 50 day moving average price is $607.42 and its 200 day moving average price is $570.55.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Monday, September 22nd were paid a $0.694 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.78 annualized dividend and a yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59.

Invesco QQQ 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.