2,169 Shares in Invesco QQQ $QQQ Acquired by Milestones Private Investment Advisors LLC

Milestones Private Investment Advisors LLC purchased a new position in shares of Invesco QQQ (NASDAQ:QQQ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,169 shares of the exchange traded fund’s stock, valued at approximately $1,196,000.

Other large investors have also bought and sold shares of the company. Morgan Dempsey Capital Management LLC bought a new position in shares of Invesco QQQ in the second quarter valued at $30,000. Marshall & Sullivan Inc. WA purchased a new position in Invesco QQQ during the second quarter valued at approximately $41,000. Moser Wealth Advisors LLC raised its holdings in shares of 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 in the last quarter. Ransom Advisory Ltd acquired a new stake in shares of Invesco QQQ during the 1st quarter valued at about $70,000. Finally, Barrett & Company Inc. grew its stake in shares of Invesco QQQ by 14.9% in the 2nd quarter. Barrett & Company Inc. now owns 154 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 20 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of QQQ opened at $613.62 on Monday. The company’s fifty day moving average is $613.64 and its 200-day moving average is $581.01. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 31st. Shareholders 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 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.59. 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.