Invesco QQQ Trust (NASDAQ:QQQ) Shares Bought by Aprio Wealth Management LLC

Aprio Wealth Management LLC grew its position in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 6.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 16,955 shares of the exchange traded fund’s stock after acquiring an additional 993 shares during the period. Invesco QQQ Trust comprises about 2.8% of Aprio Wealth Management LLC’s holdings, making the stock its 9th largest position. Aprio Wealth Management LLC’s holdings in Invesco QQQ Trust were worth $6,069,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its position in shares of Invesco QQQ Trust by 1.7% in the second quarter. PNC Financial Services Group Inc. now owns 7,279,780 shares of the exchange traded fund’s stock worth $2,580,173,000 after buying an additional 124,445 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Invesco QQQ Trust by 4.1% in the second quarter. Envestnet Asset Management Inc. now owns 4,724,033 shares of the exchange traded fund’s stock valued at $1,674,341,000 after purchasing an additional 186,379 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Invesco QQQ Trust by 439.5% in the second quarter. JPMorgan Chase & Co. now owns 3,623,255 shares of the exchange traded fund’s stock valued at $1,284,190,000 after purchasing an additional 2,951,685 shares during the last quarter. Natixis boosted its holdings in Invesco QQQ Trust by 23.6% in the second quarter. Natixis now owns 2,580,574 shares of the exchange traded fund’s stock valued at $914,761,000 after purchasing an additional 492,359 shares during the last quarter. Finally, Advisor Group Holdings Inc. boosted its holdings in Invesco QQQ Trust by 1.1% in the second quarter. Advisor Group Holdings Inc. now owns 2,356,805 shares of the exchange traded fund’s stock valued at $656,953,000 after purchasing an additional 25,705 shares during the last quarter. 42.04% of the stock is owned by institutional investors.

Shares of NASDAQ QQQ opened at $398.76 on Thursday. The stock’s 50 day moving average price is $378.40 and its two-hundred day moving average price is $363.38. Invesco QQQ Trust has a 52-week low of $294.59 and a 52-week high of $408.71.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 29th. Shareholders of record on Tuesday, September 21st were paid a dividend of $0.414 per share. The ex-dividend date of this dividend was Monday, September 20th. This represents a $1.66 annualized dividend and a yield of 0.42%. This is a boost from Invesco QQQ Trust’s previous quarterly dividend of $0.40.

Invesco QQQ Trust 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.

Featured Story: The four types of profit margin

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ Trust (NASDAQ:QQQ).

Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

Receive News & Ratings for Invesco QQQ Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ Trust and related companies with MarketBeat.com's FREE daily email newsletter.