Integrated Investment Consultants LLC Grows Stake in Invesco QQQ $QQQ

Integrated Investment Consultants LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 9.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,706 shares of the exchange traded fund’s stock after acquiring an additional 934 shares during the quarter. Invesco QQQ comprises approximately 1.0% of Integrated Investment Consultants LLC’s portfolio, making the stock its 24th biggest position. Integrated Investment Consultants LLC’s holdings in Invesco QQQ were worth $6,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC increased its stake in Invesco QQQ by 15.0% during the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of 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 worth $2,687,000 after buying an additional 176 shares in the last quarter. Jupiter Wealth Management LLC bought a new position in shares of Invesco QQQ in the second quarter worth approximately $290,000. Wealth Group Ltd. grew its holdings in shares of Invesco QQQ by 283.7% during the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock valued at $13,587,000 after buying an additional 18,210 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of Invesco QQQ by 163.8% during the second quarter. KBC Group NV now owns 546 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 339 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ opened at $603.31 on Wednesday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The firm has a 50 day moving average of $612.50 and a 200 day moving average of $609.33.

Invesco QQQ Increases Dividend

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

Invesco QQQ News Roundup

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

Invesco QQQ 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.

Further Reading

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

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