Invesco QQQ (NASDAQ:QQQ) Shares Acquired by My Personal CFO LLC

My Personal CFO LLC increased its position in Invesco QQQ (NASDAQ:QQQ) by 2.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,537 shares of the exchange traded fund’s stock after purchasing an additional 315 shares during the period. Invesco QQQ accounts for about 4.2% of My Personal CFO LLC’s investment portfolio, making the stock its 5th biggest holding. My Personal CFO LLC’s holdings in Invesco QQQ were worth $5,370,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of QQQ. Aspire Private Capital LLC bought a new stake in shares of Invesco QQQ during the first quarter valued at approximately $13,479,060,000. Barrett & Company Inc. bought a new stake in shares of Invesco QQQ during the first quarter valued at approximately $26,000. Cascade Investment Advisors Inc. bought a new stake in shares of Invesco QQQ during the first quarter valued at approximately $28,000. Elequin Securities LLC bought a new stake in shares of Invesco QQQ during the first quarter valued at approximately $47,000. Finally, Clear Investment Research LLC raised its holdings in Invesco QQQ by 71.7% during the first quarter. Clear Investment Research LLC now owns 158 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 66 shares in the last quarter. 43.95% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

NASDAQ:QQQ traded down $3.05 during midday trading on Tuesday, hitting $367.61. 17,016,476 shares of the stock were exchanged, compared to its average volume of 53,419,859. Invesco QQQ has a one year low of $254.26 and a one year high of $387.98. The business has a 50-day moving average price of $373.20 and a two-hundred day moving average price of $348.47.

Invesco QQQ Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Tuesday, September 19th will be issued a dividend of $0.5389 per share. The ex-dividend date is Monday, September 18th. This represents a $2.16 annualized dividend and a yield of 0.59%.

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.