Invesco QQQ $QQQ Shares Acquired by Atticus Wealth Management LLC

Atticus Wealth Management LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 8.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,793 shares of the exchange traded fund’s stock after buying an additional 764 shares during the period. Invesco QQQ makes up about 1.5% of Atticus Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Atticus Wealth Management LLC’s holdings in Invesco QQQ were worth $5,402,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in QQQ. Brighton Jones LLC boosted its position in shares of Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after buying an additional 4,989 shares during the period. Revolve Wealth Partners LLC lifted its position in Invesco QQQ by 3.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after purchasing an additional 176 shares during the period. Nuveen Asset Management LLC acquired a new stake in Invesco QQQ in the fourth quarter worth approximately $11,247,000. White Knight Strategic Wealth Advisors LLC lifted its position in Invesco QQQ by 99.4% in the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 1,428 shares of the exchange traded fund’s stock worth $730,000 after purchasing an additional 712 shares during the period. Finally, Continuum Advisory LLC lifted its position in Invesco QQQ by 1.1% in the fourth quarter. Continuum Advisory LLC now owns 30,400 shares of the exchange traded fund’s stock worth $15,541,000 after purchasing an additional 338 shares during the period. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

QQQ opened at $590.00 on Thursday. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $592.86. The business has a 50 day moving average price of $570.49 and a two-hundred day moving average price of $522.22.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Monday, June 23rd were given a $0.5911 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, June 23rd.

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.