Triglav Investments D.O.O. Sells 348 Shares of Invesco QQQ $QQQ

Triglav Investments D.O.O. trimmed its position in Invesco QQQ (NASDAQ:QQQ) by 7.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,125 shares of the exchange traded fund’s stock after selling 348 shares during the quarter. Triglav Investments D.O.O.’s holdings in Invesco QQQ were worth $2,276,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Ciovacco Capital Management LLC boosted its holdings in shares of Invesco QQQ by 71.4% in the 2nd quarter. Ciovacco Capital Management LLC now owns 22,274 shares of the exchange traded fund’s stock valued at $12,288,000 after purchasing an additional 9,275 shares in the last quarter. GHP Investment Advisors Inc. raised its holdings in shares of Invesco QQQ by 1.4% during the 2nd quarter. GHP Investment Advisors Inc. now owns 3,315 shares of the exchange traded fund’s stock worth $1,828,000 after buying an additional 45 shares in the last quarter. Regal Partners Ltd bought a new stake in shares of Invesco QQQ during the 2nd quarter worth $252,000. Frederick Financial Consultants LLC lifted its position in shares of Invesco QQQ by 138.3% during the 2nd quarter. Frederick Financial Consultants LLC now owns 3,508 shares of the exchange traded fund’s stock worth $1,935,000 after buying an additional 2,036 shares during the last quarter. Finally, Beam Wealth Advisors Inc. acquired a new stake in Invesco QQQ in the second quarter valued at about $5,887,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.5%

Invesco QQQ stock opened at $629.07 on Friday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The business’s 50-day moving average price is $596.70 and its two-hundred day moving average price is $553.82.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Monday, September 22nd were issued a dividend of $0.694 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.78 annualized dividend and a dividend yield of 0.4%.

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.