Fidelis Capital Partners LLC Has $7.06 Million Stock Position in Invesco QQQ $QQQ

Fidelis Capital Partners LLC boosted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 9.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,441 shares of the exchange traded fund’s stock after acquiring an additional 1,107 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Invesco QQQ were worth $7,058,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of QQQ. Morgan Dempsey Capital Management LLC acquired a new position in Invesco QQQ during the 2nd quarter worth $30,000. Marshall & Sullivan Inc. WA bought a new stake in shares of Invesco QQQ during the second quarter worth $41,000. Blume Capital Management Inc. lifted its stake in shares of Invesco QQQ by 105.0% during the first quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 2,536 shares during the period. Moser Wealth Advisors LLC lifted its stake in shares of Invesco QQQ by 930.0% during the second quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 93 shares during the period. Finally, Atlantic Private Wealth LLC boosted its holdings in Invesco QQQ by 3,000.0% in the first quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 120 shares during the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 0.3%

Shares of QQQ stock opened at $609.74 on Monday. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01. The stock has a 50-day moving average price of $601.34 and a 200 day moving average price of $560.76.

Invesco QQQ Increases Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, September 22nd.

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.