Generali Investments CEE investicni spolecnost a.s. Acquires 13,778 Shares of Invesco QQQ $QQQ

Generali Investments CEE investicni spolecnost a.s. raised its holdings in Invesco QQQ (NASDAQ:QQQ) by 57.0% during the second quarter, HoldingsChannel reports. The firm owned 37,969 shares of the exchange traded fund’s stock after buying an additional 13,778 shares during the period. Invesco QQQ comprises about 1.7% of Generali Investments CEE investicni spolecnost a.s.’s investment portfolio, making the stock its 5th biggest holding. Generali Investments CEE investicni spolecnost a.s.’s holdings in Invesco QQQ were worth $20,945,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sendero Wealth Management LLC acquired a new position in Invesco QQQ in the first quarter valued at $273,000. GSG Advisors LLC boosted its holdings in shares of Invesco QQQ by 8.2% in the first quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock valued at $3,600,000 after acquiring an additional 585 shares in the last quarter. Amundi boosted its holdings in shares of Invesco QQQ by 6.3% in the first quarter. Amundi now owns 110,903 shares of the exchange traded fund’s stock valued at $49,980,000 after acquiring an additional 6,600 shares in the last quarter. Orser Capital Management LLC purchased a new stake in shares of Invesco QQQ in the first quarter valued at about $566,000. Finally, Jackson Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 8.6% in the first quarter. Jackson Wealth Management LLC now owns 20,105 shares of the exchange traded fund’s stock valued at $9,428,000 after acquiring an additional 1,586 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Up 0.3%

Shares of NASDAQ:QQQ opened at $600.37 on Wednesday. The firm’s 50-day simple moving average is $577.51 and its 200-day simple moving average is $529.57. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $602.87.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 22nd will be issued a $0.694 dividend. The ex-dividend date of this dividend is Monday, September 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59. This represents a $2.78 annualized dividend and a dividend yield of 0.5%.

Invesco QQQ 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.