Invesco QQQ $QQQ Shares Bought by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 43.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,485 shares of the exchange traded fund’s stock after buying an additional 2,858 shares during the period. Invesco QQQ makes up approximately 0.7% of Consolidated Portfolio Review Corp’s investment portfolio, making the stock its 27th largest holding. Consolidated Portfolio Review Corp’s holdings in Invesco QQQ were worth $5,232,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sendero Wealth Management LLC purchased a new position in Invesco QQQ in the 1st quarter valued at approximately $273,000. GSG Advisors LLC increased its stake in 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 in the last quarter. Amundi raised its stake in shares of Invesco QQQ by 6.3% during the 1st 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 last quarter. Jackson Wealth Management LLC boosted its position in shares of Invesco QQQ by 8.6% in the 1st quarter. Jackson Wealth Management LLC now owns 20,105 shares of the exchange traded fund’s stock worth $9,428,000 after buying an additional 1,586 shares in the last quarter. Finally, Greykasell Wealth Strategies Inc. boosted its position in shares of Invesco QQQ by 8.4% in the 1st quarter. Greykasell Wealth Strategies Inc. now owns 7,782 shares of the exchange traded fund’s stock worth $3,649,000 after buying an additional 605 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.5%

Invesco QQQ stock opened at $603.25 on Thursday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $603.79. The firm’s 50-day simple moving average is $578.30 and its 200 day simple moving average is $530.08.

Invesco QQQ Increases Dividend

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

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.