Invesco QQQ (NASDAQ:QQQ) Stock Holdings Decreased by Blue Zone Wealth Advisors LLC

Blue Zone Wealth Advisors LLC reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 2.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 39,133 shares of the exchange traded fund’s stock after selling 981 shares during the period. Invesco QQQ comprises 6.5% of Blue Zone Wealth Advisors LLC’s portfolio, making the stock its biggest position. Blue Zone Wealth Advisors LLC’s holdings in Invesco QQQ were worth $18,749,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. New Covenant Trust Company N.A. purchased a new position in shares of Invesco QQQ during the first quarter worth approximately $28,000. Deane Retirement Strategies Inc. bought a new stake in Invesco QQQ during the 1st quarter valued at $29,000. Legacy Bridge LLC lifted its holdings in shares of Invesco QQQ by 800.0% in the 1st quarter. Legacy Bridge LLC now owns 72 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 64 shares during the period. Voisard Asset Management Group Inc. bought a new position in shares of Invesco QQQ during the 4th quarter worth $35,000. Finally, Red Tortoise LLC increased its stake in shares of Invesco QQQ by 370.0% during the fourth quarter. Red Tortoise LLC now owns 94 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 74 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.5 %

NASDAQ:QQQ traded up $2.34 during mid-day trading on Friday, reaching $450.41. The company’s stock had a trading volume of 33,573,976 shares, compared to its average volume of 46,461,876. Invesco QQQ has a 1 year low of $342.35 and a 1 year high of $503.52. The stock has a fifty day moving average of $473.79 and a 200-day moving average of $450.32.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, June 24th were issued a dividend of $0.7615 per share. This represents a $3.05 annualized dividend and a yield of 0.68%. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.57. The ex-dividend date was Monday, June 24th.

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.