Invesco QQQ $QQQ Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P increased its position in Invesco QQQ (NASDAQ:QQQ) by 67.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,150 shares of the exchange traded fund’s stock after acquiring an additional 9,287 shares during the period. Loomis Sayles & Co. L P’s holdings in Invesco QQQ were worth $12,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its position in Invesco QQQ by 704,593.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 67,615,365 shares of the exchange traded fund’s stock valued at $37,299,340,000 after buying an additional 67,605,770 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Invesco QQQ by 959.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund’s stock valued at $11,300,023,000 after acquiring an additional 21,823,765 shares during the period. Symphony Financial Ltd. Co. purchased a new stake in shares of Invesco QQQ in the 2nd quarter valued at $1,236,482,000. JPMorgan Chase & Co. increased its stake in shares of Invesco QQQ by 42.4% in the second quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock worth $2,700,424,000 after acquiring an additional 1,457,109 shares during the period. Finally, Altimeter Capital Management LP purchased a new position in shares of Invesco QQQ during the first quarter worth $463,293,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.8%

NASDAQ:QQQ opened at $619.29 on Monday. The firm’s fifty day moving average is $609.04 and its two-hundred day moving average is $573.56. Invesco QQQ has a one year low of $402.39 and a one year high of $637.01.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Monday, September 22nd were issued a dividend of $0.694 per share. This represents a $2.78 annualized dividend and a yield of 0.4%. 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 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.