Invesco QQQ $QQQ Shares Bought by Atticus Wealth Management LLC
by Renee Jackson · The Cerbat GemAtticus Wealth Management LLC grew its stake in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 8.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,793 shares of the exchange traded fund’s stock after purchasing an additional 764 shares during the quarter. Invesco QQQ makes up 1.5% of Atticus Wealth Management LLC’s portfolio, making the stock its 11th largest holding. Atticus Wealth Management LLC’s holdings in Invesco QQQ were worth $5,402,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently made changes to their positions in the company. Wilkins Miller Wealth Management LLC bought a new position in shares of Invesco QQQ during the fourth quarter valued at approximately $1,018,000. Sendero Wealth Management LLC bought a new position in shares of Invesco QQQ during the first quarter valued at approximately $273,000. Griffith & Werner Inc. bought a new position in shares of Invesco QQQ during the fourth quarter valued at approximately $583,000. GSG Advisors LLC grew its holdings in shares of Invesco QQQ by 8.2% during the first quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund’s stock valued at $3,600,000 after purchasing an additional 585 shares during the last quarter. Finally, Amundi grew its holdings in shares of Invesco QQQ by 6.3% during the first quarter. Amundi now owns 110,903 shares of the exchange traded fund’s stock valued at $49,980,000 after purchasing an additional 6,600 shares during the last quarter. 44.58% of the stock is owned by institutional investors.
Invesco QQQ Stock Down 0.2%
NASDAQ:QQQ opened at $590.00 on Thursday. The stock has a 50 day moving average of $570.49 and a 200-day moving average of $522.22. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $592.86.
Invesco QQQ Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd were issued a dividend of $0.5911 per share. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $2.36 annualized dividend and a dividend yield of 0.4%.
About Invesco QQQ
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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