Fidelis Capital Partners LLC Acquires 169 Shares of Invesco QQQ (NASDAQ:QQQ)

Fidelis Capital Partners LLC boosted its position in Invesco QQQ (NASDAQ:QQQ) by 3.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 5,677 shares of the exchange traded fund’s stock after acquiring an additional 169 shares during the period. Fidelis Capital Partners LLC’s holdings in Invesco QQQ were worth $2,772,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. New Covenant Trust Company N.A. bought a new stake in Invesco QQQ in the 1st quarter valued at about $28,000. Mechanics Financial Corp bought a new stake in shares of Invesco QQQ during the second quarter valued at about $30,000. Chelsea Counsel Co. bought a new stake in shares of Invesco QQQ during the first quarter valued at about $40,000. CGC Financial Services LLC increased its position in shares of Invesco QQQ by 736.4% during the second quarter. CGC Financial Services LLC now owns 92 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 81 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. increased its position in shares of Invesco QQQ by 30.4% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 103 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 24 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Up 1.0 %

Shares of QQQ opened at $500.16 on Wednesday. The business’s 50-day moving average price is $481.19 and its 200-day moving average price is $467.84. Invesco QQQ has a twelve month low of $346.45 and a twelve month high of $503.52.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be given a dividend of $0.677 per share. This represents a $2.71 annualized dividend and a dividend yield of 0.54%. The ex-dividend date of this dividend is Monday, September 23rd.

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.