Invesco QQQ $QQQ Shares Bought by Conservest Capital Advisors Inc.

Conservest Capital Advisors Inc. grew its stake in Invesco QQQ (NASDAQ:QQQFree Report) by 2.1% during the 1st quarter, Holdings Channel reports. The fund owned 48,837 shares of the exchange traded fund’s stock after acquiring an additional 985 shares during the period. Invesco QQQ comprises about 2.6% of Conservest Capital Advisors Inc.’s portfolio, making the stock its 11th biggest position. Conservest Capital Advisors Inc.’s holdings in Invesco QQQ were worth $28,188,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Adell Harriman & Carpenter Inc. boosted its stake in shares of Invesco QQQ by 2.9% during the first quarter. Adell Harriman & Carpenter Inc. now owns 719 shares of the exchange traded fund’s stock valued at $415,000 after acquiring an additional 20 shares during the last quarter. Fell Capital Management ADV raised its stake in Invesco QQQ by 3.5% in the 1st quarter. Fell Capital Management ADV now owns 1,990 shares of the exchange traded fund’s stock valued at $1,149,000 after purchasing an additional 68 shares during the last quarter. Calamos Wealth Management LLC raised its stake in Invesco QQQ by 62.9% in the 1st quarter. Calamos Wealth Management LLC now owns 19,510 shares of the exchange traded fund’s stock valued at $11,261,000 after purchasing an additional 7,532 shares during the last quarter. AMG National Trust Bank lifted its holdings in Invesco QQQ by 3.3% in the 1st quarter. AMG National Trust Bank now owns 88,496 shares of the exchange traded fund’s stock valued at $51,078,000 after purchasing an additional 2,841 shares in the last quarter. Finally, NBZ Investment Advisors LLC lifted its holdings in Invesco QQQ by 0.6% in the 1st quarter. NBZ Investment Advisors LLC now owns 3,878 shares of the exchange traded fund’s stock valued at $2,238,000 after purchasing an additional 22 shares in the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 1.1%

Invesco QQQ stock opened at $719.71 on Wednesday. Invesco QQQ has a 12-month low of $551.56 and a 12-month high of $748.65. The firm’s 50-day moving average is $720.06 and its two-hundred day moving average is $651.59.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Monday, June 22nd were paid a dividend of $0.8135 per share. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 annualized dividend and a dividend yield of 0.5%.

Key Invesco QQQ News

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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