Invesco QQQ (NASDAQ:QQQ) Shares Bought by Intergy Private Wealth LLC

Intergy Private Wealth LLC increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 0.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 118,081 shares of the exchange traded fund’s stock after acquiring an additional 202 shares during the quarter. Invesco QQQ makes up 22.0% of Intergy Private Wealth LLC’s portfolio, making the stock its biggest position. Intergy Private Wealth LLC’s holdings in Invesco QQQ were worth $57,632,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. New Covenant Trust Company N.A. acquired a new stake in shares of Invesco QQQ in the 1st quarter valued at about $28,000. Mechanics Financial Corp acquired a new stake in Invesco QQQ during the second quarter valued at approximately $30,000. Chelsea Counsel Co. acquired a new stake in Invesco QQQ during the first quarter valued at approximately $40,000. CGC Financial Services LLC lifted its holdings in Invesco QQQ by 736.4% during the 2nd quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 81 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. grew its position in shares of Invesco QQQ by 30.4% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 103 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 24 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ stock opened at $494.47 on Friday. The stock’s 50 day simple moving average is $477.68 and its 200 day simple moving average is $464.82. Invesco QQQ has a 12-month low of $342.35 and a 12-month high of $503.52.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Monday, September 23rd will be issued a dividend of $0.677 per share. The ex-dividend date of this dividend is Monday, September 23rd. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.55%.

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.