Other hedge funds and institutional investors have made changes to their positions in Invesco QQQ. Prospect Financial Services LLC increased its stake by 0.3% in the 2nd quarter. Sweeney & Michel LLC boosted its holdings by 4.0% in the same quarter. Family Firm Inc. also increased its position by 3.1%, while Merriman Wealth Management LLC raised its holdings by 0.5% in the second quarter. CarsonAllaria Wealth Management Ltd. lifted its position by 30.4% in the 1st quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.
Invesco QQQ Trading Up 0.3%
Shares of QQQ stock opened at $488.07 on Tuesday with a 1-year low of $342.35 and a 1-year high of $503.52.
Invesco QQQ Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st, with a yield of 0.55%.
Invesco QQQ Company Profile
(Free Report)
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 results corresponding to the performance of the Nasdaq-100 Index.
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