20,003 Shares in Invesco QQQ $QQQ Acquired by Caldwell Trust Co

Caldwell Trust Co acquired a new stake in shares of Invesco QQQ (NASDAQ:QQQ) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,003 shares of the exchange traded fund’s stock, valued at approximately $11,034,000. Invesco QQQ makes up 1.1% of Caldwell Trust Co’s investment portfolio, making the stock its 20th largest position.

A number of other large investors have also recently modified their holdings of QQQ. Morgan Dempsey Capital Management LLC bought a new position in Invesco QQQ in the second quarter valued at about $30,000. Marshall & Sullivan Inc. WA acquired a new stake in shares of Invesco QQQ in the 2nd quarter valued at approximately $41,000. Moser Wealth Advisors LLC grew its holdings in shares of Invesco QQQ by 930.0% during the 2nd 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 during the last quarter. Ransom Advisory Ltd acquired a new position in Invesco QQQ during the 1st quarter worth approximately $70,000. Finally, Barrett & Company Inc. lifted its stake in Invesco QQQ by 14.9% in the 2nd quarter. Barrett & Company Inc. now owns 154 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $613.62 on Monday. The company’s 50 day moving average price is $613.64 and its two-hundred day moving average price is $581.01. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.

Invesco QQQ Increases Dividend

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

About Invesco QQQ

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.