Invesco QQQ (NASDAQ:QQQ) Holdings Lifted by Perigon Wealth Management LLC

Perigon Wealth Management LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 170,405 shares of the exchange traded fund’s stock after acquiring an additional 1,588 shares during the quarter. Invesco QQQ accounts for approximately 2.2% of Perigon Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Perigon Wealth Management LLC’s holdings in Invesco QQQ were worth $83,170,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Nottingham Advisors Inc. boosted its holdings in Invesco QQQ by 12.6% in the third quarter. Nottingham Advisors Inc. now owns 1,642 shares of the exchange traded fund’s stock valued at $801,000 after acquiring an additional 184 shares in the last quarter. Halbert Hargrove Global Advisors LLC raised its position in shares of Invesco QQQ by 9.7% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 2,083 shares of the exchange traded fund’s stock worth $1,017,000 after purchasing an additional 184 shares during the last quarter. Ironwood Financial llc raised its position in shares of Invesco QQQ by 1.8% in the 3rd quarter. Ironwood Financial llc now owns 10,570 shares of the exchange traded fund’s stock worth $5,159,000 after purchasing an additional 190 shares during the last quarter. Hengehold Capital Management LLC raised its position in shares of Invesco QQQ by 4.5% in the 3rd quarter. Hengehold Capital Management LLC now owns 2,094 shares of the exchange traded fund’s stock worth $1,022,000 after purchasing an additional 90 shares during the last quarter. Finally, Sensible Money LLC raised its position in shares of Invesco QQQ by 7.1% in the 3rd quarter. Sensible Money LLC now owns 1,036 shares of the exchange traded fund’s stock worth $506,000 after purchasing an additional 69 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ traded up $1.18 during trading hours on Thursday, hitting $492.09. The company had a trading volume of 7,962,689 shares, compared to its average volume of 38,986,051. The firm has a fifty day moving average price of $475.94 and a 200-day moving average price of $464.29. Invesco QQQ has a 52-week low of $342.35 and a 52-week high of $503.52.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Monday, September 23rd will be given a $0.677 dividend. This represents a $2.71 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Monday, September 23rd.

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.