Consilium Wealth Advisory LLC Decreases Position in Invesco QQQ $QQQ

Consilium Wealth Advisory LLC lessened its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,007 shares of the exchange traded fund’s stock after selling 21 shares during the quarter. Consilium Wealth Advisory LLC’s holdings in Invesco QQQ were worth $555,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in QQQ. Asset Advisors Investment Management LLC increased its position in shares of Invesco QQQ by 22.1% in the second quarter. Asset Advisors Investment Management LLC now owns 624 shares of the exchange traded fund’s stock valued at $344,000 after acquiring an additional 113 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Invesco QQQ by 0.5% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 22,702 shares of the exchange traded fund’s stock valued at $12,523,000 after acquiring an additional 112 shares during the period. Seros Financial LLC increased its position in shares of Invesco QQQ by 5.8% in the second quarter. Seros Financial LLC now owns 27,486 shares of the exchange traded fund’s stock valued at $15,162,000 after acquiring an additional 1,501 shares during the period. Custos Family Office LLC increased its position in shares of Invesco QQQ by 1,468.3% in the second quarter. Custos Family Office LLC now owns 17,800 shares of the exchange traded fund’s stock valued at $9,819,000 after acquiring an additional 16,665 shares during the period. Finally, 1900 Wealth Management LLC purchased a new position in shares of Invesco QQQ in the second quarter valued at about $220,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ stock opened at $603.18 on Friday. The firm’s 50-day moving average price is $579.85 and its two-hundred day moving average price is $532.17. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $607.33.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 22nd will be given a $0.694 dividend. The ex-dividend date is Monday, September 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59. This represents a $2.78 dividend on an annualized basis and a dividend yield of 0.5%.

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.