Heritage Financial Services LLC Buys 95 Shares of Invesco QQQ $QQQ

Heritage Financial Services LLC increased its position in Invesco QQQ (NASDAQ:QQQ) by 12.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 851 shares of the exchange traded fund’s stock after purchasing an additional 95 shares during the quarter. Heritage Financial Services LLC’s holdings in Invesco QQQ were worth $469,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Marshall & Sullivan Inc. WA purchased a new stake in Invesco QQQ in the second quarter worth about $41,000. Alpine Bank Wealth Management bought a new stake in shares of Invesco QQQ in the 1st quarter valued at about $50,000. Westend Capital Management LLC purchased a new stake in shares of Invesco QQQ in the 1st quarter worth approximately $51,000. Blume Capital Management Inc. lifted its position in shares of Invesco QQQ by 105.0% in the 1st quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 2,536 shares during the period. Finally, Atlantic Private Wealth LLC boosted its stake in shares of Invesco QQQ by 3,000.0% during the first quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 120 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Price Performance

Shares of 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 company’s 50 day moving average is $578.30 and its 200 day moving average is $530.08.

Invesco QQQ Increases Dividend

The business also recently declared 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 represents a $2.78 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, September 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59.

About Invesco QQQ

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.