Y.D. More Investments Ltd Has $77.04 Million Stock Holdings in Invesco QQQ $QQQ

Y.D. More Investments Ltd increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 376.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,934 shares of the exchange traded fund’s stock after acquiring an additional 101,882 shares during the period. Invesco QQQ comprises approximately 4.3% of Y.D. More Investments Ltd’s portfolio, making the stock its 6th biggest holding. Y.D. More Investments Ltd’s holdings in Invesco QQQ were worth $77,042,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Orgel Wealth Management LLC raised its position in shares of Invesco QQQ by 4.7% during the 3rd quarter. Orgel Wealth Management LLC now owns 382 shares of the exchange traded fund’s stock valued at $229,000 after buying an additional 17 shares in the last quarter. Enclave Advisors LLC raised its holdings in shares of Invesco QQQ by 0.9% during the 3rd quarter. Enclave Advisors LLC now owns 1,831 shares of the exchange traded fund’s stock valued at $1,099,000 after buying an additional 17 shares in the last quarter. IFS Advisors LLC lifted its position in Invesco QQQ by 4.1% in the 3rd quarter. IFS Advisors LLC now owns 431 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 17 shares during the last quarter. Mezzasalma Advisors LLC boosted its holdings in Invesco QQQ by 0.5% during the 3rd quarter. Mezzasalma Advisors LLC now owns 3,312 shares of the exchange traded fund’s stock valued at $1,988,000 after acquiring an additional 17 shares during the period. Finally, TCV Trust & Wealth Management Inc. raised its stake in shares of Invesco QQQ by 1.4% during the third quarter. TCV Trust & Wealth Management Inc. now owns 1,246 shares of the exchange traded fund’s stock valued at $748,000 after acquiring an additional 17 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 0.5%

Shares of NASDAQ QQQ traded up $3.01 during trading hours on Friday, hitting $606.48. The company’s stock had a trading volume of 5,986,078 shares, compared to its average volume of 58,261,730. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01. The business has a 50-day simple moving average of $616.50 and a 200-day simple moving average of $604.61.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 22nd were paid a dividend of $0.7941 per share. This represents a $3.18 annualized dividend and a dividend yield of 0.5%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Monday, December 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.