Seaview Investment Managers LLC Buys 144 Shares of Invesco QQQ (NASDAQ:QQQ)

Seaview Investment Managers LLC grew its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 31,512 shares of the exchange traded fund’s stock after acquiring an additional 144 shares during the period. Invesco QQQ comprises 4.5% of Seaview Investment Managers LLC’s holdings, making the stock its 2nd largest holding. Seaview Investment Managers LLC’s holdings in Invesco QQQ were worth $15,098,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. New Covenant Trust Company N.A. bought a new position in shares of Invesco QQQ during the first quarter valued at $28,000. Mechanics Financial Corp bought a new position in shares of Invesco QQQ during the second quarter valued at $30,000. Deane Retirement Strategies Inc. bought a new position in shares of Invesco QQQ during the first quarter valued at $29,000. Legacy Bridge LLC raised its stake in Invesco QQQ by 800.0% during the first quarter. Legacy Bridge LLC now owns 72 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 64 shares during the last quarter. Finally, Voisard Asset Management Group Inc. bought a new position in Invesco QQQ during the fourth quarter worth $35,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of NASDAQ QQQ opened at $454.46 on Tuesday. Invesco QQQ has a twelve month low of $342.35 and a twelve month high of $503.52. The firm has a fifty day simple moving average of $471.88 and a 200 day simple moving average of $456.44.

Invesco QQQ Increases Dividend

The company also recently announced 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. This represents a $3.05 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend was Monday, June 24th. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.57.

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.