Blair William & Co. IL Buys 13,795 Shares of Invesco QQQ $QQQ

Blair William & Co. IL grew its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 5.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 270,387 shares of the exchange traded fund’s stock after buying an additional 13,795 shares during the quarter. Blair William & Co. IL’s holdings in Invesco QQQ were worth $149,156,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of QQQ. Kingstone Capital Partners Texas LLC grew its stake in shares of 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 buying an additional 67,605,770 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Invesco QQQ by 959.6% in the first quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund’s stock worth $11,300,023,000 after purchasing an additional 21,823,765 shares during the last quarter. Mullooly Asset Management Inc. bought a new stake in shares of Invesco QQQ in the first quarter worth about $2,775,904,000. Spear Holdings RSC Ltd bought a new stake in shares of Invesco QQQ in the first quarter worth about $474,600,000. Finally, Altimeter Capital Management LP bought a new stake in shares of Invesco QQQ in the first quarter worth about $463,293,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $589.55 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $613.18. The business’s 50-day moving average is $583.89 and its 200 day moving average is $535.94.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, September 22nd will be paid a $0.694 dividend. The ex-dividend date of this dividend is Monday, September 22nd. This is a boost 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 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.