Invesco QQQ $QQQ Stock Holdings Lifted by Allworth Financial LP

Allworth Financial LP lifted its position in Invesco QQQ (NASDAQ:QQQ) by 30.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 153,434 shares of the exchange traded fund’s stock after acquiring an additional 35,421 shares during the quarter. Allworth Financial LP’s holdings in Invesco QQQ were worth $84,640,000 as of its most recent filing with the SEC.

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

Invesco QQQ Stock Down 0.3%

QQQ stock opened at $609.74 on Monday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The company has a fifty day simple moving average of $601.34 and a 200 day simple moving average of $560.76.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Monday, September 22nd were given a $0.694 dividend. 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%. The ex-dividend date of this dividend was Monday, September 22nd.

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.