Invictus Private Wealth LLC Grows Stock Holdings in Invesco QQQ (NASDAQ:QQQ)

Invictus Private Wealth LLC increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 334,023 shares of the exchange traded fund’s stock after buying an additional 4,139 shares during the quarter. Invesco QQQ accounts for about 12.9% of Invictus Private Wealth LLC’s investment portfolio, making the stock its 2nd largest position. Invictus Private Wealth LLC owned 0.06% of Invesco QQQ worth $163,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of QQQ. Northeast Investment Management raised its position in Invesco QQQ by 0.6% during the third quarter. Northeast Investment Management now owns 3,476 shares of the exchange traded fund’s stock valued at $1,697,000 after purchasing an additional 20 shares in the last quarter. Prospect Financial Services LLC increased its stake in shares of Invesco QQQ by 0.3% in the 2nd quarter. Prospect Financial Services LLC now owns 6,385 shares of the exchange traded fund’s stock valued at $3,059,000 after purchasing an additional 21 shares during the last quarter. Skyline Advisors Inc. raised its holdings in shares of Invesco QQQ by 5.0% during the 3rd quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock worth $215,000 after buying an additional 21 shares in the last quarter. Madden Advisory Services Inc. raised its holdings in shares of Invesco QQQ by 0.9% during the 3rd quarter. Madden Advisory Services Inc. now owns 2,487 shares of the exchange traded fund’s stock worth $1,214,000 after buying an additional 21 shares in the last quarter. Finally, Sweeney & Michel LLC lifted its position in shares of Invesco QQQ by 4.0% during the 2nd quarter. Sweeney & Michel LLC now owns 575 shares of the exchange traded fund’s stock worth $286,000 after buying an additional 22 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 1.3 %

Invesco QQQ stock opened at $492.21 on Wednesday. Invesco QQQ has a 12-month low of $366.91 and a 12-month high of $503.52. The business’s 50-day moving average price is $482.32 and its two-hundred day moving average price is $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 issued a dividend of $0.677 per share. This represents a $2.71 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend was Monday, September 23rd.

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.