Invesco QQQ $QQQ Shares Acquired by Good Life Advisors LLC

Good Life Advisors LLC increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 4.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,967 shares of the exchange traded fund’s stock after acquiring an additional 684 shares during the quarter. Good Life Advisors LLC’s holdings in Invesco QQQ were worth $8,808,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. GSG Advisors LLC lifted its stake in shares of Invesco QQQ by 8.2% in the 1st quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock valued at $3,600,000 after purchasing an additional 585 shares during the last quarter. Amundi boosted its stake in Invesco QQQ by 6.3% during the first quarter. Amundi now owns 110,903 shares of the exchange traded fund’s stock worth $49,980,000 after buying an additional 6,600 shares during the period. Greykasell Wealth Strategies Inc. increased its position in shares of Invesco QQQ by 8.4% during the first quarter. Greykasell Wealth Strategies Inc. now owns 7,782 shares of the exchange traded fund’s stock valued at $3,649,000 after acquiring an additional 605 shares during the last quarter. AM Investment Strategies LLC increased its holdings in Invesco QQQ by 46.5% in the 1st quarter. AM Investment Strategies LLC now owns 1,927 shares of the exchange traded fund’s stock valued at $904,000 after purchasing an additional 612 shares during the last quarter. Finally, Banco Santander S.A. grew its stake in shares of Invesco QQQ by 100.2% in the first quarter. Banco Santander S.A. now owns 75,125 shares of the exchange traded fund’s stock valued at $35,228,000 after buying an additional 37,605 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.1%

QQQ stock opened at $621.06 on Thursday. The business’s fifty day moving average price is $604.54 and its 200 day moving average price is $563.31. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Monday, September 22nd were paid a dividend of $0.694 per share. This represents a $2.78 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, September 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59.

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.