Invesco QQQ $QQQ is Integral Investment Advisors Inc.’s 3rd Largest Position

Integral Investment Advisors Inc. raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 3.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,636 shares of the exchange traded fund’s stock after purchasing an additional 707 shares during the period. Invesco QQQ accounts for approximately 3.9% of Integral Investment Advisors Inc.’s portfolio, making the stock its 3rd largest holding. Integral Investment Advisors Inc.’s holdings in Invesco QQQ were worth $13,590,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of QQQ. GSG Advisors LLC grew its holdings in Invesco QQQ by 8.2% during the 1st quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock valued at $3,600,000 after buying an additional 585 shares during the last quarter. Amundi lifted its position in shares of Invesco QQQ by 6.3% in the first quarter. Amundi now owns 110,903 shares of the exchange traded fund’s stock valued at $49,980,000 after acquiring an additional 6,600 shares in the last quarter. Jackson Wealth Management LLC boosted its stake in shares of Invesco QQQ by 8.6% during the first quarter. Jackson Wealth Management LLC now owns 20,105 shares of the exchange traded fund’s stock valued at $9,428,000 after acquiring an additional 1,586 shares during the last quarter. Greykasell Wealth Strategies Inc. boosted its stake 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. Finally, AM Investment Strategies LLC increased its position in Invesco QQQ by 46.5% during the 1st quarter. AM Investment Strategies LLC now owns 1,927 shares of the exchange traded fund’s stock worth $904,000 after purchasing an additional 612 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $628.09 on Tuesday. The firm has a 50-day moving average price of $591.63 and a 200 day moving average price of $548.87. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $628.55.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 22nd will be given a $0.694 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.59. This represents a $2.78 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, September 22nd.

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.