B&D White Capital Company LLC Boosts Stake in Invesco QQQ $QQQ

B&D White Capital Company LLC increased its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 8.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,415 shares of the exchange traded fund’s stock after purchasing an additional 1,215 shares during the quarter. Invesco QQQ makes up approximately 1.2% of B&D White Capital Company LLC’s investment portfolio, making the stock its 22nd biggest position. B&D White Capital Company LLC’s holdings in Invesco QQQ were worth $9,474,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised its stake in Invesco QQQ by 381.0% during the 4th quarter. Bank of America Corp DE now owns 19,547,552 shares of the exchange traded fund’s stock worth $12,008,257,000 after acquiring an additional 26,505,055 shares during the period. Corient Private Wealth LLC boosted its position in shares of Invesco QQQ by 3,567.7% in the fourth quarter. Corient Private Wealth LLC now owns 21,436,917 shares of the exchange traded fund’s stock worth $13,168,912,000 after purchasing an additional 20,852,432 shares during the period. Delta Global Management LP purchased a new stake in shares of Invesco QQQ in the fourth quarter worth $821,084,000. Align Financial LLC purchased a new stake in shares of Invesco QQQ in the fourth quarter worth $78,118,000. Finally, Bank of Montreal Can raised its position in shares of Invesco QQQ by 142.4% during the 4th quarter. Bank of Montreal Can now owns 1,431,050 shares of the exchange traded fund’s stock valued at $877,406,000 after purchasing an additional 840,803 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.5%

Shares of Invesco QQQ stock opened at $705.35 on Thursday. Invesco QQQ has a fifty-two week low of $551.68 and a fifty-two week high of $748.65. The company has a fifty day moving average of $719.91 and a 200 day moving average of $655.21.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were given a dividend of $0.8135 per share. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, June 22nd.

More Invesco QQQ News

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Invesco QQQ Profile

(Free Report)

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.

See Also

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

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