Invesco QQQ (NASDAQ:QQQ) position was raised by Kestra Advisory Services LLC

Invesco QQQ (NASDAQ:QQQ) position was raised by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 5.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The company owns 440,386 shares of the ETF’s stock after acquiring an additional 24,483 shares during the quarter. Invesco QQQ comprises about 1.6% of Kestra Advisory Services LLC’s portfolio, making the stock its sixth-largest position. Kestra Advisory Services LLC owns approximately 0.08% of Invesco QQQ worth $162,687,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also made changes to their positions in QQQ. Barrett & Company Inc. acquired Acquired a new stake in shares of Invesco QQQ in the first quarter valued at $26,000. Cascade Investment Advisors Inc. acquired Acquired a new stake in shares of Invesco QQQ in the first quarter valued at $28,000. Avalon Trust Co. acquired a new stake in shares of Invesco QQQ in the 2nd quarter worth $28,000. Aspire Private Capital LLC boosted its position in shares of Invesco QQQ by 88.1% in the 2nd quarter. Aspire Private Capital LLC now owns 79 shares of the ETF’s stock worth $29,000 after purchasing an additional 37 shares in the last quarter. Finally, Sanctuary Wealth Management LLC acquired a new stake in shares of Invesco QQQ in the 2nd quarter worth $30,000. 43.95% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ stock fell 0.2%

Shares of Invesco QQQ fell $0.93 during trading on Friday, reaching $389.13. The trading volume of the company’s shares reached 9,230,566 shares, compared to an average trading volume of 53,372,824 shares. Invesco QQQ has a 1-year low of $259.73 and a 1-year high of $393.07. The company has a 50 day simple moving average of $366.37 and a two-hundred day simple moving average of $364.40.

Invesco QQQ announces dividends

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Tuesday, September 19th received a $0.5389 dividend. The ex-dividend date was Monday, September 18th. This represents a dividend of $2.16 on an annualized basis and a dividend yield of 0.55%.

About Invesco QQQ

(Free report)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Fund’s investment objective is to provide investment results that generally correspond to the price and return performance of the Nasdaq-100 Index. The Fund provides investors with the opportunity to purchase units of beneficial interest in the Fund representing undivided proportionate shares in a portfolio of securities held by the Fund, which consists of all securities, of substantially the same weight, as the constituent securities of the Fund. Nasdaq-100 index.

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Want to know what other hedge funds are holding QQQ? Visit HoldingsChannel.com for the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – free report).

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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