Nation Membership Financial institution trimmed its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 12.1% in the course of the third quarter, in response to the corporate in its most up-to-date disclosure with the Securities and Trade Fee. The fund owned 3,301 shares of the change traded fund’s inventory after promoting 455 shares in the course of the interval. Nation Membership Financial institution’s holdings in Invesco QQQ had been value $1,607,000 as of its most up-to-date SEC submitting.
A number of different institutional traders additionally lately modified their holdings of the inventory. FIDELIS iM LLC purchased a brand new place in Invesco QQQ in the course of the first quarter valued at roughly $398,000. Richardson Capital Administration LLC grew its place in Invesco QQQ by 3,792.5% in the course of the first quarter. Richardson Capital Administration LLC now owns 2,063 shares of the change traded fund’s inventory valued at $916,000 after buying an extra 2,010 shares over the past quarter. Cornerstone Wealth Group LLC grew its place in Invesco QQQ by 47.2% in the course of the first quarter. Cornerstone Wealth Group LLC now owns 3,463 shares of the change traded fund’s inventory valued at $1,538,000 after buying an extra 1,110 shares over the past quarter. Avalon Capital Administration grew its place in Invesco QQQ by 5.8% in the course of the first quarter. Avalon Capital Administration now owns 2,421 shares of the change traded fund’s inventory valued at $1,075,000 after buying an extra 133 shares over the past quarter. Lastly, Gradient Capital Advisors LLC grew its place in Invesco QQQ by 3.1% in the course of the first quarter. Gradient Capital Advisors LLC now owns 1,005 shares of the change traded fund’s inventory valued at $446,000 after buying an extra 30 shares over the past quarter. 44.58% of the inventory is at the moment owned by institutional traders.
Invesco QQQ Worth Efficiency
NASDAQ:QQQ opened at $495.32 on Friday. Invesco QQQ has a fifty-two week low of $342.35 and a fifty-two week excessive of $503.52. The enterprise has a 50 day transferring common worth of $480.51 and a 200-day transferring common worth of $466.85.
Invesco QQQ Cuts Dividend
The enterprise additionally lately disclosed a quarterly dividend, which will likely be paid on Thursday, October thirty first. Stockholders of file on Monday, September twenty third will likely be paid a dividend of $0.677 per share. This represents a $2.71 dividend on an annualized foundation and a dividend yield of 0.55%. The ex-dividend date is Monday, September twenty third.
About Invesco QQQ
PowerShares QQQ Belief, Sequence 1 is a unit funding belief that points securities known as Nasdaq-100 Index Monitoring Inventory. The Belief’s funding goal is to supply funding outcomes that usually correspond to the worth and yield efficiency of the Nasdaq-100 Index. The Belief gives traders with the chance to buy items of helpful curiosity within the Belief representing proportionate undivided pursuits within the portfolio of securities held by the Belief, which consists of considerably the entire securities, in considerably the identical weighting, because the part securities of the Nasdaq-100 Index.
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