Invesco QQQ $QQQ Holdings Raised by TFR Capital LLC.

TFR Capital LLC. increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,444 shares of the exchange traded fund’s stock after buying an additional 171 shares during the period. Invesco QQQ comprises approximately 2.3% of TFR Capital LLC.’s holdings, making the stock its 8th biggest holding. TFR Capital LLC.’s holdings in Invesco QQQ were worth $6,313,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Mainstay Capital Management LLC ADV grew its holdings in Invesco QQQ by 97.0% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 1,810 shares of the exchange traded fund’s stock worth $998,000 after acquiring an additional 891 shares in the last quarter. Advanced Asset Management Advisors Inc grew its holdings in Invesco QQQ by 3.0% during the 2nd quarter. Advanced Asset Management Advisors Inc now owns 4,493 shares of the exchange traded fund’s stock worth $2,479,000 after acquiring an additional 132 shares in the last quarter. Capital Advisors Ltd. LLC grew its holdings in Invesco QQQ by 2.4% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 32,059 shares of the exchange traded fund’s stock worth $17,685,000 after acquiring an additional 745 shares in the last quarter. Leo Wealth LLC grew its holdings in Invesco QQQ by 74.7% during the 2nd quarter. Leo Wealth LLC now owns 15,077 shares of the exchange traded fund’s stock worth $8,317,000 after acquiring an additional 6,449 shares in the last quarter. Finally, McElhenny Sheffield Capital Management LLC grew its holdings in Invesco QQQ by 2,282.4% during the 2nd quarter. McElhenny Sheffield Capital Management LLC now owns 88,482 shares of the exchange traded fund’s stock worth $48,810,000 after acquiring an additional 84,768 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $589.55 on Friday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $613.18. The firm has a fifty day moving average of $583.89 and a two-hundred day moving average of $535.94.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 22nd will be issued a dividend of $0.694 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.78 annualized dividend and a yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59.

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.