Invesco QQQ $QQQ Shares Bought by First Financial Group Corp

First Financial Group Corp lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,369 shares of the exchange traded fund’s stock after purchasing an additional 96 shares during the period. Invesco QQQ comprises about 1.8% of First Financial Group Corp’s holdings, making the stock its 17th largest position. First Financial Group Corp’s holdings in Invesco QQQ were worth $1,859,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Joel Isaacson & Co. LLC increased its position in shares of Invesco QQQ by 3.6% during the second quarter. Joel Isaacson & Co. LLC now owns 26,770 shares of the exchange traded fund’s stock worth $14,767,000 after purchasing an additional 929 shares in the last quarter. Gentry Private Wealth LLC increased its position in shares of Invesco QQQ by 1.1% during the second quarter. Gentry Private Wealth LLC now owns 3,449 shares of the exchange traded fund’s stock worth $1,903,000 after purchasing an additional 39 shares in the last quarter. Wise Wealth Partners increased its position in shares of Invesco QQQ by 88.1% during the second quarter. Wise Wealth Partners now owns 2,054 shares of the exchange traded fund’s stock worth $1,133,000 after purchasing an additional 962 shares in the last quarter. Roundview Capital LLC increased its position in shares of Invesco QQQ by 0.6% during the second quarter. Roundview Capital LLC now owns 55,828 shares of the exchange traded fund’s stock worth $30,797,000 after purchasing an additional 314 shares in the last quarter. Finally, CFM Wealth Partners LLC increased its position in shares of Invesco QQQ by 4.1% during the second quarter. CFM Wealth Partners LLC now owns 17,978 shares of the exchange traded fund’s stock worth $9,917,000 after purchasing an additional 711 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.1%

QQQ opened at $611.44 on Thursday. The business’s 50-day simple moving average is $582.26 and its 200-day simple moving average is $534.45. Invesco QQQ has a one year low of $402.39 and a one year high of $611.75.

Invesco QQQ Increases Dividend

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

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.