Fidelis Capital Partners LLC Buys 1,107 Shares of Invesco QQQ $QQQ

Fidelis Capital Partners LLC raised its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 9.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,441 shares of the exchange traded fund’s stock after buying an additional 1,107 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Invesco QQQ were worth $7,058,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of QQQ. Brighton Jones LLC increased its position in shares of Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after buying an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after acquiring an additional 176 shares during the period. Wealth Group Ltd. increased its holdings in shares of Invesco QQQ by 305.2% in the first quarter. Wealth Group Ltd. now owns 6,419 shares of the exchange traded fund’s stock worth $3,010,000 after acquiring an additional 4,835 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Invesco QQQ by 7.7% during the first quarter. Bank of New York Mellon Corp now owns 99,906 shares of the exchange traded fund’s stock worth $46,848,000 after purchasing an additional 7,147 shares during the period. Finally, 3EDGE Asset Management LP lifted its holdings in shares of Invesco QQQ by 29.7% during the 1st quarter. 3EDGE Asset Management LP now owns 2,386 shares of the exchange traded fund’s stock valued at $1,119,000 after purchasing an additional 547 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.3%

Shares of QQQ opened at $609.74 on Monday. The stock has a 50 day simple moving average of $601.34 and a 200 day simple moving average of $560.76. 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 declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, September 22nd were issued a $0.694 dividend. This represents a $2.78 annualized dividend and a dividend yield of 0.5%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, September 22nd.

Invesco QQQ Company 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.