Vista Investment Partners LLC Grows Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Vista Investment Partners LLC grew its holdings in Invesco QQQ (NASDAQ:QQQ) by 0.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,457 shares of the exchange traded fund’s stock after purchasing an additional 74 shares during the quarter. Invesco QQQ comprises approximately 1.4% of Vista Investment Partners LLC’s portfolio, making the stock its 25th largest holding. Vista Investment Partners LLC’s holdings in Invesco QQQ were worth $4,052,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. New Covenant Trust Company N.A. acquired a new stake in shares of Invesco QQQ during the 1st quarter worth approximately $28,000. Deane Retirement Strategies Inc. acquired a new stake in shares of Invesco QQQ during the 1st quarter worth approximately $29,000. Legacy Bridge LLC increased its holdings in shares of Invesco QQQ by 800.0% during 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 last quarter. Voisard Asset Management Group Inc. acquired a new stake in shares of Invesco QQQ during the 4th quarter worth approximately $35,000. Finally, Chelsea Counsel Co. acquired a new stake in shares of Invesco QQQ during the 1st quarter worth approximately $40,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 0.1 %

Shares of NASDAQ QQQ traded up $0.61 during midday trading on Friday, reaching $475.03. 38,383,623 shares of the stock were exchanged, compared to its average volume of 46,987,124. The company has a 50 day simple moving average of $474.36 and a 200 day simple moving average of $451.69. Invesco QQQ has a twelve month low of $342.35 and a twelve month high of $503.52.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, June 24th were issued a dividend of $0.7615 per share. The ex-dividend date was Monday, June 24th. This represents a $3.05 dividend on an annualized basis and a dividend yield of 0.64%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.57.

Invesco QQQ 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.