Ceera Investments LLC Buys 564 Shares of Invesco QQQ (NASDAQ:QQQ)

Ceera Investments LLC lifted its stake in Invesco QQQ (NASDAQ:QQQ) by 62.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,465 shares of the exchange traded fund’s stock after acquiring an additional 564 shares during the quarter. Ceera Investments LLC’s holdings in Invesco QQQ were worth $702,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Atwater Malick LLC purchased a new position in Invesco QQQ in the first quarter worth about $293,000. Westwood Holdings Group Inc. grew its position in Invesco QQQ by 14.1% during the first quarter. Westwood Holdings Group Inc. now owns 16,155 shares of the exchange traded fund’s stock valued at $7,173,000 after buying an additional 1,993 shares during the period. GenWealth Group Inc. increased its holdings in Invesco QQQ by 5.8% during the first quarter. GenWealth Group Inc. now owns 42,457 shares of the exchange traded fund’s stock valued at $18,851,000 after buying an additional 2,325 shares during the last quarter. Fiera Capital Corp raised its position in Invesco QQQ by 1.7% in the fourth quarter. Fiera Capital Corp now owns 656,835 shares of the exchange traded fund’s stock worth $268,987,000 after acquiring an additional 11,013 shares during the period. Finally, Socha Financial Group LLC grew its position in shares of Invesco QQQ by 1.3% during the 1st quarter. Socha Financial Group LLC now owns 88,948 shares of the exchange traded fund’s stock valued at $39,494,000 after acquiring an additional 1,153 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Price Performance

NASDAQ QQQ traded down $12.35 on Friday, hitting $448.69. 50,624,385 shares of the company traded hands, compared to its average volume of 40,492,672. The business’s 50 day moving average price is $472.43 and its 200-day moving average price is $455.91. Invesco QQQ has a 52-week low of $342.35 and a 52-week high of $503.52.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, June 24th were paid a dividend of $0.7615 per share. The ex-dividend date was Monday, June 24th. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.57. This represents a $3.05 dividend on an annualized basis and a dividend yield of 0.68%.

Invesco QQQ Company 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.