Invesco QQQ $QQQ Shares Bought by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC grew its position in Invesco QQQ (NASDAQ:QQQ) by 14.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,772 shares of the exchange traded fund’s stock after buying an additional 1,220 shares during the quarter. Invesco QQQ accounts for approximately 1.0% of Integrated Investment Consultants LLC’s holdings, making the stock its 21st biggest holding. Integrated Investment Consultants LLC’s holdings in Invesco QQQ were worth $5,391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Morgan Dempsey Capital Management LLC purchased a new stake in shares of Invesco QQQ in the second quarter valued at about $30,000. Marshall & Sullivan Inc. WA purchased a new position in shares of Invesco QQQ during the second quarter valued at approximately $41,000. Moser Wealth Advisors LLC boosted its position in Invesco QQQ by 930.0% during the second quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 93 shares during the last quarter. Ransom Advisory Ltd acquired a new position in Invesco QQQ in the 1st quarter valued at $70,000. Finally, Barrett & Company Inc. lifted its stake in shares of Invesco QQQ by 14.9% during the 2nd quarter. Barrett & Company Inc. now owns 154 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 20 shares during the period. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 0.1%

Shares of NASDAQ:QQQ opened at $625.05 on Wednesday. The business has a fifty day simple moving average of $612.54 and a 200-day simple moving average of $578.78. 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 disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, September 22nd were paid a dividend of $0.694 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.78 dividend on an annualized basis and a dividend yield of 0.4%. This is an increase 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.