RPG Investment Advisory LLC Boosts Stock Position in Invesco QQQ (NASDAQ:QQQ)

RPG Investment Advisory LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,248 shares of the exchange traded fund’s stock after purchasing an additional 80 shares during the period. RPG Investment Advisory LLC’s holdings in Invesco QQQ were worth $1,200,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in QQQ. Bank Julius Baer & Co. Ltd Zurich increased its holdings in Invesco QQQ by 98,555.0% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 242,795,859 shares of the exchange traded fund’s stock valued at $89,693,646,000 after buying an additional 242,549,753 shares during the period. Barclays PLC boosted its position in Invesco QQQ by 113.5% during the second quarter. Barclays PLC now owns 5,777,618 shares of the exchange traded fund’s stock valued at $2,134,368,000 after purchasing an additional 48,423,350 shares in the last quarter. Moneta Group Investment Advisors LLC raised its holdings in Invesco QQQ by 156,045.1% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 43,491,085 shares of the exchange traded fund’s stock worth $11,580,806,000 after purchasing an additional 43,463,232 shares in the last quarter. Morgan Stanley lifted its position in shares of Invesco QQQ by 10.0% during the fourth quarter. Morgan Stanley now owns 16,815,487 shares of the exchange traded fund’s stock valued at $4,477,628,000 after buying an additional 1,533,114 shares during the last quarter. Finally, Kensington Asset Management LLC bought a new stake in shares of Invesco QQQ in the 1st quarter valued at about $342,079,000. 43.95% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 0.6 %

QQQ stock traded up $2.41 on Monday, hitting $388.45. 11,474,454 shares of the company’s stock were exchanged, compared to its average volume of 53,503,121. The firm has a 50 day moving average price of $365.20 and a two-hundred day moving average price of $362.91. Invesco QQQ has a 12-month low of $259.73 and a 12-month high of $388.65.

Invesco QQQ Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Tuesday, September 19th were issued a $0.5389 dividend. The ex-dividend date of this dividend was Monday, September 18th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 0.55%.

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.