Invictus Private Wealth LLC Grows Holdings in Invesco QQQ $QQQ

Invictus Private Wealth LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 2.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 351,844 shares of the exchange traded fund’s stock after buying an additional 6,994 shares during the period. Invesco QQQ accounts for about 13.3% of Invictus Private Wealth LLC’s investment portfolio, making the stock its 2nd largest position. Invictus Private Wealth LLC’s holdings in Invesco QQQ were worth $194,091,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of QQQ. Kingstone Capital Partners Texas LLC increased its position in Invesco QQQ by 704,593.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 67,615,365 shares of the exchange traded fund’s stock worth $37,299,340,000 after purchasing an additional 67,605,770 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Invesco QQQ by 959.6% in the first quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund’s stock worth $11,300,023,000 after purchasing an additional 21,823,765 shares during the last quarter. Mullooly Asset Management Inc. bought a new stake in Invesco QQQ in the first quarter worth $2,775,904,000. Spear Holdings RSC Ltd bought a new stake in Invesco QQQ in the first quarter worth $474,600,000. Finally, Altimeter Capital Management LP bought a new stake in Invesco QQQ in the first quarter worth $463,293,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ opened at $589.55 on Friday. The company’s fifty day moving average is $583.89 and its 200 day moving average is $536.30. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $613.18.

Invesco QQQ Increases Dividend

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

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.