Invesco QQQ $QQQ Holdings Lifted by Aspiriant LLC

Aspiriant LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 22.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,219 shares of the exchange traded fund’s stock after buying an additional 1,326 shares during the period. Aspiriant LLC’s holdings in Invesco QQQ were worth $3,982,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Marshall & Sullivan Inc. WA bought a new position in Invesco QQQ during the second quarter valued at about $41,000. Alpine Bank Wealth Management bought a new position in Invesco QQQ during the first quarter valued at about $50,000. Westend Capital Management LLC acquired a new position in shares of Invesco QQQ in the 1st quarter valued at $51,000. Blume Capital Management Inc. boosted its position in shares of Invesco QQQ by 105.0% in the 1st quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 2,536 shares during the period. Finally, Atlantic Private Wealth LLC boosted its position in shares of Invesco QQQ by 3,000.0% in the 1st quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 120 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.7%

NASDAQ:QQQ opened at $603.93 on Friday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $613.18. The stock has a fifty day simple moving average of $587.30 and a 200 day simple moving average of $540.28.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Monday, September 22nd will be given a $0.694 dividend. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date is Monday, September 22nd. This represents a $2.78 dividend on an annualized basis 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.