Aire Advisors LLC Purchases 75 Shares of Invesco QQQ $QQQ

Aire Advisors LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 2.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,362 shares of the exchange traded fund’s stock after buying an additional 75 shares during the quarter. Aire Advisors LLC’s holdings in Invesco QQQ were worth $1,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Compass Advisory Group LLC lifted its holdings in shares of Invesco QQQ by 4.3% during the 2nd quarter. Compass Advisory Group LLC now owns 1,790 shares of the exchange traded fund’s stock valued at $988,000 after buying an additional 73 shares during the period. Tower Wealth Partners Inc. raised its holdings in Invesco QQQ by 3.3% in the 2nd quarter. Tower Wealth Partners Inc. now owns 4,129 shares of the exchange traded fund’s stock worth $2,278,000 after purchasing an additional 132 shares during the period. Toews Corp ADV bought a new position in Invesco QQQ in the 2nd quarter worth $220,000. Turtle Creek Wealth Advisors LLC bought a new position in Invesco QQQ in the 2nd quarter worth $292,000. Finally, Nvest Financial LLC raised its holdings in Invesco QQQ by 4.6% in the 2nd quarter. Nvest Financial LLC now owns 6,771 shares of the exchange traded fund’s stock worth $3,735,000 after purchasing an additional 296 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Up 0.7%

Shares of Invesco QQQ stock opened at $602.22 on Thursday. Invesco QQQ has a one year low of $402.39 and a one year high of $613.18. The stock’s fifty day moving average is $586.10 and its 200 day moving average is $538.48.

Invesco QQQ Increases Dividend

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

Invesco QQQ 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.

Featured Stories

• Five stocks we like better than Invesco QQQ
• What Do S&P 500 Stocks Tell Investors About the Market?
• Palantir’s New Healthcare Deal Boosts AI and Data Reach
• How to Invest in Insurance Companies: A Guide 
• GM’s Billion-Dollar Bruise: GM’s Strategic Pivot Makes It a Buy
• Investing in Travel Stocks Benefits
• Novo Nordisk’s Akero Therapeutics Buy Targets Eli Lilly’s Lead

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).