Keeler & Nadler Financial Planning & Wealth Management Acquires New Shares in Invesco QQQ $QQQ

Keeler & Nadler Financial Planning & Wealth Management acquired a new stake in Invesco QQQ (NASDAQ:QQQ) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 451 shares of the exchange traded fund’s stock, valued at approximately $249,000.

Other large investors have also bought and sold shares of the company. Mutual Advisors LLC boosted its stake in shares of Invesco QQQ by 10.4% during the second quarter. Mutual Advisors LLC now owns 62,515 shares of the exchange traded fund’s stock valued at $35,407,000 after purchasing an additional 5,912 shares in the last quarter. Essex LLC boosted its stake in shares of Invesco QQQ by 2.0% during the second quarter. Essex LLC now owns 1,265 shares of the exchange traded fund’s stock valued at $698,000 after purchasing an additional 25 shares in the last quarter. Ritholtz Wealth Management boosted its stake in shares of Invesco QQQ by 542.3% during the second quarter. Ritholtz Wealth Management now owns 382,836 shares of the exchange traded fund’s stock valued at $211,188,000 after purchasing an additional 323,231 shares in the last quarter. Triton Wealth Management PLLC acquired a new stake in shares of Invesco QQQ during the second quarter valued at about $18,724,000. Finally, Sterling Financial Planning Inc. boosted its stake in shares of Invesco QQQ by 1.2% during the second quarter. Sterling Financial Planning Inc. now owns 6,843 shares of the exchange traded fund’s stock valued at $3,775,000 after purchasing an additional 83 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Shares of QQQ stock opened at $602.22 on Thursday. The business’s 50-day moving average price is $586.10 and its 200-day moving average price is $538.48. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $613.18.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 22nd will be paid a dividend of $0.694 per share. 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 dividend on an annualized basis and a dividend yield of 0.5%.

About Invesco QQQ

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.