Invesco QQQ $QQQ Position Raised by Wisconsin Wealth Advisors LLC

Wisconsin Wealth Advisors LLC raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 16.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,888 shares of the exchange traded fund’s stock after purchasing an additional 1,141 shares during the period. Invesco QQQ accounts for 4.5% of Wisconsin Wealth Advisors LLC’s portfolio, making the stock its largest position. Wisconsin Wealth Advisors LLC’s holdings in Invesco QQQ were worth $4,736,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC raised its position in shares of Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after purchasing an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Invesco QQQ by 3.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the last quarter. Nuveen LLC bought a new stake in Invesco QQQ during the 1st quarter valued at about $10,316,000. Russell Investments Group Ltd. raised its holdings in Invesco QQQ by 42.7% in the first quarter. Russell Investments Group Ltd. now owns 4,093 shares of the exchange traded fund’s stock worth $1,919,000 after buying an additional 1,224 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. purchased a new position in Invesco QQQ in the first quarter worth about $212,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 0.2%

Shares of NASDAQ QQQ opened at $611.75 on Wednesday. The firm’s 50 day moving average price is $613.84 and its 200-day moving average price is $582.32. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Monday, September 22nd were given a $0.694 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.78 annualized dividend and a yield of 0.5%.

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.