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

Wisconsin Wealth Advisors LLC raised its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 21.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,747 shares of the exchange traded fund’s stock after purchasing an additional 1,179 shares during the quarter. Invesco QQQ accounts for about 4.3% of Wisconsin Wealth Advisors LLC’s portfolio, making the stock its 3rd largest position. Wisconsin Wealth Advisors LLC’s holdings in Invesco QQQ were worth $3,722,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC increased its position in 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 acquiring an additional 67,605,770 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Invesco QQQ by 959.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund’s stock worth $11,300,023,000 after buying an additional 21,823,765 shares during the period. Mullooly Asset Management Inc. purchased a new stake in Invesco QQQ in the 1st quarter valued at about $2,775,904,000. Symphony Financial Ltd. Co. purchased a new position in shares of Invesco QQQ during the second quarter worth approximately $1,236,482,000. Finally, Altimeter Capital Management LP bought a new stake in shares of Invesco QQQ during the first quarter valued at approximately $463,293,000. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Up 2.1%

Shares of NASDAQ QQQ opened at $612.45 on Thursday. The stock has a 50 day moving average price of $607.05 and a 200 day moving average price of $567.67. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $637.01.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, September 22nd were issued a $0.694 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.78 annualized dividend and a dividend yield of 0.5%. This is an increase 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.