Sulzberger Capital Advisors Inc. Sells 150 Shares of Invesco QQQ $QQQ

Sulzberger Capital Advisors Inc. trimmed its position in shares of Invesco QQQ (NASDAQ:QQQ) by 6.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,218 shares of the exchange traded fund’s stock after selling 150 shares during the quarter. Invesco QQQ makes up approximately 1.4% of Sulzberger Capital Advisors Inc.’s holdings, making the stock its 17th largest position. Sulzberger Capital Advisors Inc.’s holdings in Invesco QQQ were worth $1,224,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its position in shares of Invesco QQQ by 704,593.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 67,615,365 shares of the exchange traded fund’s stock worth $37,299,340,000 after purchasing an additional 67,605,770 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Invesco QQQ by 959.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 24,097,975 shares of the exchange traded fund’s stock worth $11,300,023,000 after purchasing an additional 21,823,765 shares in the last quarter. Mullooly Asset Management Inc. bought a new stake in shares of Invesco QQQ in the 1st quarter worth approximately $2,775,904,000. Altimeter Capital Management LP bought a new stake in shares of Invesco QQQ in the 1st quarter worth approximately $463,293,000. Finally, Alaska Permanent Fund Corp boosted its position in shares of Invesco QQQ by 14,750.7% in the 1st quarter. Alaska Permanent Fund Corp now owns 799,266 shares of the exchange traded fund’s stock worth $380,027,000 after purchasing an additional 793,884 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Up 0.5%

QQQ stock opened at $632.08 on Tuesday. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $637.01. The stock’s 50 day simple moving average is $597.93 and its 200 day simple moving average is $555.92.

Invesco QQQ Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Monday, September 22nd were given a $0.694 dividend. 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 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.