Invesco QQQ $QQQ Stock Holdings Raised by Amplius Wealth Advisors LLC

Amplius Wealth Advisors LLC boosted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 1.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,560 shares of the exchange traded fund’s stock after purchasing an additional 1,042 shares during the quarter. Invesco QQQ comprises about 3.7% of Amplius Wealth Advisors LLC’s portfolio, making the stock its 5th biggest position. Amplius Wealth Advisors LLC’s holdings in Invesco QQQ were worth $39,470,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. GSG Advisors LLC grew its stake in Invesco QQQ by 8.2% during the 1st quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock worth $3,600,000 after buying an additional 585 shares during the last quarter. Amundi grew its stake in Invesco QQQ by 6.3% during the 1st quarter. Amundi now owns 110,903 shares of the exchange traded fund’s stock worth $49,980,000 after buying an additional 6,600 shares during the last quarter. Jackson Wealth Management LLC grew its stake in Invesco QQQ by 8.6% during the 1st quarter. Jackson Wealth Management LLC now owns 20,105 shares of the exchange traded fund’s stock worth $9,428,000 after buying an additional 1,586 shares during the last quarter. Greykasell Wealth Strategies Inc. grew its stake in Invesco QQQ by 8.4% during the 1st quarter. Greykasell Wealth Strategies Inc. now owns 7,782 shares of the exchange traded fund’s stock worth $3,649,000 after buying an additional 605 shares during the last quarter. Finally, AM Investment Strategies LLC grew its stake in Invesco QQQ by 46.5% during the 1st quarter. AM Investment Strategies LLC now owns 1,927 shares of the exchange traded fund’s stock worth $904,000 after buying an additional 612 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ stock opened at $626.05 on Friday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $637.01. The stock’s fifty day moving average price is $595.56 and its 200 day moving average price is $551.96.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 22nd will be given a dividend of $0.694 per share. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.78 annualized dividend and a yield of 0.4%. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.59.

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.