Dumont & Blake Investment Advisors LLC raised its stake in Invesco QQQ Trust (NASDAQ:QQQ) by 3.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,352 shares of the exchange traded fund’s stock after acquiring an additional 1,191 shares during the quarter. Invesco QQQ Trust makes up approximately 2.7% of Dumont & Blake Investment Advisors LLC’s investment portfolio, making the stock its 4th largest position. Dumont & Blake Investment Advisors LLC’s holdings in Invesco QQQ Trust were worth $6,940,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Signature Estate & Investment Advisors LLC acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth approximately $104,000. Providence Capital Advisors LLC raised its stake in shares of Invesco QQQ Trust by 487.4% during the 2nd quarter. Providence Capital Advisors LLC now owns 605 shares of the exchange traded fund’s stock worth $104,000 after buying an additional 502 shares during the period. Opera Trading Capital acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth approximately $112,000. Quad Cities Investment Group LLC acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth approximately $128,000. Finally, MinichMacGregor Wealth Management LLC acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth approximately $143,000. 40.74% of the stock is owned by institutional investors.

Shares of QQQ stock opened at $173.02 on Friday. Invesco QQQ Trust has a 1-year low of $146.33 and a 1-year high of $187.53.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 31st. Stockholders of record on Tuesday, September 25th will be paid a dividend of $0.3298 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Monday, September 24th.

Invesco QQQ Trust Profile

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 Trust (NASDAQ:QQQ)

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