Invesco QQQ $QQQ Shares Acquired by Bogart Wealth LLC

Bogart Wealth LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 0.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,493 shares of the exchange traded fund’s stock after acquiring an additional 86 shares during the period. Bogart Wealth LLC’s holdings in Invesco QQQ were worth $13,511,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of QQQ. Kingstone Capital Partners Texas LLC grew its stake in shares of Invesco QQQ by 704,593.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 67,615,365 shares of the exchange traded fund’s stock worth $37,299,340,000 after purchasing an additional 67,605,770 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Invesco QQQ by 959.6% during the first quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund’s stock worth $11,300,023,000 after purchasing an additional 21,823,765 shares in the last quarter. Mullooly Asset Management Inc. acquired a new position in shares of Invesco QQQ during the first quarter worth $2,775,904,000. Spear Holdings RSC Ltd acquired a new position in shares of Invesco QQQ during the first quarter worth $474,600,000. Finally, Altimeter Capital Management LP acquired a new position in shares of Invesco QQQ during the first quarter worth $463,293,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.7%

Shares of QQQ stock opened at $603.93 on Monday. The firm has a fifty day moving average price of $587.30 and a 200 day moving average price of $541.36. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $613.18.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, September 22nd will be given a $0.694 dividend. This represents a $2.78 dividend on an annualized basis and a yield of 0.5%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend is Monday, September 22nd.

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.