Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Catalina Capital Group LLC

Catalina Capital Group LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 10.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,176 shares of the exchange traded fund’s stock after buying an additional 305 shares during the period. Catalina Capital Group LLC’s holdings in Invesco QQQ were worth $1,550,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of QQQ. Tobias Financial Advisors Inc. increased its stake in Invesco QQQ by 50.8% during the third quarter. Tobias Financial Advisors Inc. now owns 790 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 266 shares during the period. Flagship Private Wealth LLC boosted its position in Invesco QQQ by 8.6% in the 3rd quarter. Flagship Private Wealth LLC now owns 12,164 shares of the exchange traded fund’s stock valued at $5,937,000 after buying an additional 964 shares during the period. HMS Capital Management LLC grew its stake in shares of Invesco QQQ by 8.8% in the third quarter. HMS Capital Management LLC now owns 24,419 shares of the exchange traded fund’s stock worth $11,918,000 after acquiring an additional 1,982 shares in the last quarter. HF Advisory Group LLC increased its position in shares of Invesco QQQ by 25.5% during the third quarter. HF Advisory Group LLC now owns 5,587 shares of the exchange traded fund’s stock worth $2,727,000 after acquiring an additional 1,134 shares during the period. Finally, Crescent Grove Advisors LLC raised its stake in shares of Invesco QQQ by 2.1% in the third quarter. Crescent Grove Advisors LLC now owns 39,070 shares of the exchange traded fund’s stock valued at $19,095,000 after acquiring an additional 799 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.3 %

Shares of Invesco QQQ stock opened at $492.21 on Wednesday. Invesco QQQ has a 52-week low of $366.91 and a 52-week high of $503.52. The company has a 50 day moving average of $482.32 and a 200 day moving average of $470.09.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were given a $0.677 dividend. The ex-dividend date was Monday, September 23rd. This represents a $2.71 dividend on an annualized basis and a yield of 0.55%.

Invesco QQQ 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.