Invesco QQQ $QQQ Shares Purchased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 6.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,101,906 shares of the exchange traded fund’s stock after purchasing an additional 65,387 shares during the quarter. Invesco QQQ comprises about 1.5% of Rockefeller Capital Management L.P.’s investment portfolio, making the stock its 10th biggest position. Rockefeller Capital Management L.P. owned about 0.17% of Invesco QQQ worth $611,049,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Morgan Dempsey Capital Management LLC acquired a new stake in shares of Invesco QQQ during the 2nd quarter worth approximately $30,000. Marshall & Sullivan Inc. WA bought a new position in shares of Invesco QQQ in the second quarter worth $41,000. Moser Wealth Advisors LLC lifted its stake in Invesco QQQ by 930.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 93 shares in the last quarter. Blume Capital Management Inc. raised its holdings 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 valued at $57,000 after acquiring an additional 2,536 shares in the last quarter. Finally, Atlantic Private Wealth LLC increased its stake in Invesco QQQ by 3,000.0% in the first quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 120 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $608.86 on Friday. The company’s 50 day moving average price is $605.86 and its 200-day moving average price is $565.19. Invesco QQQ has a 52-week low of $402.39 and a 52-week 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 $0.694 dividend. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59. This represents a $2.78 annualized dividend and a yield of 0.5%. The ex-dividend date was 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.