Invesco QQQ $QQQ Shares Bought by Curran Financial Partners LLC

Curran Financial Partners LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 12.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,583 shares of the exchange traded fund’s stock after purchasing an additional 292 shares during the period. Curran Financial Partners LLC’s holdings in Invesco QQQ were worth $1,425,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Marshall & Sullivan Inc. WA acquired a new position in Invesco QQQ during the second quarter worth $41,000. Alpine Bank Wealth Management acquired a new stake in shares of Invesco QQQ in the first quarter valued at $50,000. Westend Capital Management LLC acquired a new stake in shares of Invesco QQQ in the first quarter valued at $51,000. Blume Capital Management Inc. raised its stake in shares of Invesco QQQ by 105.0% in the first quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 2,536 shares in the last quarter. Finally, Atlantic Private Wealth LLC raised its stake in shares of Invesco QQQ by 3,000.0% in the first quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock valued at $58,000 after acquiring an additional 120 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Down 0.4%

Shares of NASDAQ QQQ opened at $603.18 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $607.33. The business’s fifty day simple moving average is $579.85 and its 200-day simple moving average is $532.17.

Invesco QQQ Increases Dividend

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

Invesco QQQ 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.