Invesco QQQ (NASDAQ:QQQ) Shares Acquired by One Capital Management LLC

One Capital Management LLC boosted its holdings in Invesco QQQ (NASDAQ:QQQ) by 4.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 180,821 shares of the exchange traded fund’s stock after buying an additional 8,160 shares during the quarter. Invesco QQQ accounts for about 3.0% of One Capital Management LLC’s investment portfolio, making the stock its 5th largest position. One Capital Management LLC’s holdings in Invesco QQQ were worth $86,633,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Vantage Financial Partners LLC grew its position in Invesco QQQ by 68.0% during the 4th quarter. Vantage Financial Partners LLC now owns 29,550 shares of the exchange traded fund’s stock worth $12,101,000 after purchasing an additional 11,957 shares in the last quarter. Concentrum Wealth Management grew its holdings in shares of Invesco QQQ by 15.4% during the fourth quarter. Concentrum Wealth Management now owns 14,662 shares of the exchange traded fund’s stock valued at $6,004,000 after buying an additional 1,962 shares in the last quarter. Rollins Financial raised its position in Invesco QQQ by 11.8% during the fourth quarter. Rollins Financial now owns 187,590 shares of the exchange traded fund’s stock valued at $76,822,000 after buying an additional 19,785 shares during the period. Gryphon Financial Partners LLC lifted its stake in Invesco QQQ by 30.2% in the 4th quarter. Gryphon Financial Partners LLC now owns 3,047 shares of the exchange traded fund’s stock worth $1,248,000 after acquiring an additional 706 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Invesco QQQ by 1.2% in the 4th quarter. Principal Financial Group Inc. now owns 8,437 shares of the exchange traded fund’s stock worth $3,455,000 after acquiring an additional 102 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.4 %

NASDAQ:QQQ opened at $475.34 on Monday. Invesco QQQ has a fifty-two week low of $342.35 and a fifty-two week high of $503.52. The stock’s 50-day moving average is $470.09 and its two-hundred day moving average is $457.36.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, June 24th were given a dividend of $0.7615 per share. The ex-dividend date of this dividend was Monday, June 24th. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.57. This represents a $3.05 dividend on an annualized basis and a yield of 0.64%.

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.