Invesco QQQ $QQQ Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 54.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 263,775 shares of the exchange traded fund’s stock after buying an additional 93,530 shares during the period. Daiwa Securities Group Inc.’s holdings in Invesco QQQ were worth $194,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Invesco QQQ during the 4th quarter worth $25,000. Shcp LLC acquired a new stake in shares of Invesco QQQ during the 3rd quarter worth about $27,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Invesco QQQ by 2,150.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 45 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 43 shares during the period. Parvin Asset Management LLC purchased a new stake in Invesco QQQ in the 1st quarter valued at about $28,000. Finally, High Point Wealth Management LLC lifted its position in Invesco QQQ by 68.0% in the second quarter. High Point Wealth Management LLC now owns 42 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 1.4%

Shares of QQQ stock opened at $721.11 on Friday. The company has a 50-day moving average of $712.01 and a two-hundred day moving average of $671.28. Invesco QQQ has a 1-year low of $555.60 and a 1-year high of $748.65.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 22nd were issued a $0.8135 dividend. The ex-dividend date was Monday, June 22nd. This represents a $3.25 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.73.

Key Stories Impacting Invesco QQQ

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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