BridgePort Financial Solutions LLC Purchases 29 Shares of Invesco QQQ $QQQ

BridgePort Financial Solutions LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,454 shares of the exchange traded fund’s stock after buying an additional 29 shares during the quarter. BridgePort Financial Solutions LLC’s holdings in Invesco QQQ were worth $802,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its position in Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after buying an additional 176 shares in the last quarter. Wealth Group Ltd. increased its stake in shares of Invesco QQQ by 305.2% in the first quarter. Wealth Group Ltd. now owns 6,419 shares of the exchange traded fund’s stock valued at $3,010,000 after buying an additional 4,835 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of Invesco QQQ by 299.6% in the first quarter. Sivia Capital Partners LLC now owns 2,202 shares of the exchange traded fund’s stock valued at $1,033,000 after buying an additional 1,651 shares during the last quarter. Finally, LexAurum Advisors LLC lifted its position in Invesco QQQ by 0.3% during the 1st quarter. LexAurum Advisors LLC now owns 11,188 shares of the exchange traded fund’s stock worth $5,246,000 after buying an additional 39 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $603.18 on Monday. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $607.33. The company’s 50-day moving average price is $579.85 and its two-hundred day moving average price is $532.54.

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 paid a dividend of $0.694 per share. This represents a $2.78 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend is Monday, September 22nd.

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.