Yeomans Consulting Group Inc. Has $17.83 Million Stock Position in Invesco QQQ $QQQ

Yeomans Consulting Group Inc. grew its stake in Invesco QQQ (NASDAQ:QQQ) by 51.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 29,559 shares of the exchange traded fund’s stock after buying an additional 9,991 shares during the period. Invesco QQQ accounts for about 6.2% of Yeomans Consulting Group Inc.’s holdings, making the stock its 4th largest position. Yeomans Consulting Group Inc.’s holdings in Invesco QQQ were worth $17,831,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC increased its stake in Invesco QQQ by 704,593.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 67,615,365 shares of the exchange traded fund’s stock valued at $37,299,340,000 after acquiring an additional 67,605,770 shares during the period. 1832 Asset Management L.P. grew its holdings in shares of Invesco QQQ by 100.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 2,115 shares of the exchange traded fund’s stock worth $1,167,000 after purchasing an additional 40,999,982 shares in the last quarter. Symphony Financial Ltd. Co. acquired a new stake in shares of Invesco QQQ during the 2nd quarter worth approximately $1,236,482,000. HRT Financial LP increased its position in shares of Invesco QQQ by 118.3% during the second quarter. HRT Financial LP now owns 3,145,578 shares of the exchange traded fund’s stock valued at $1,735,226,000 after purchasing an additional 1,704,600 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Invesco QQQ by 42.4% in the second quarter. JPMorgan Chase & Co. now owns 4,895,265 shares of the exchange traded fund’s stock valued at $2,700,424,000 after purchasing an additional 1,457,109 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.2%

QQQ opened at $623.20 on Friday. The firm’s fifty day moving average price is $615.85 and its two-hundred day moving average price is $585.90. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a $0.7941 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.69. This represents a $3.18 dividend on an annualized basis and a yield of 0.5%.

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.