Xcel Wealth Administration LLC grew its place in Invesco QQQ (NASDAQ:QQQ – Free Report) by 50.1% through the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the SEC. The fund owned 1,573 shares of the trade traded fund’s inventory after buying a further 525 shares through the quarter. Xcel Wealth Administration LLC’s holdings in Invesco QQQ had been value $768,000 as of its most up-to-date submitting with the SEC.
Plenty of different institutional buyers additionally not too long ago modified their holdings of the inventory. Prospect Monetary Companies LLC grew its stake in shares of Invesco QQQ by 0.3% within the 2nd quarter. Prospect Monetary Companies LLC now owns 6,385 shares of the trade traded fund’s inventory value $3,059,000 after buying a further 21 shares within the final quarter. Skyline Advisors Inc. grew its stake in shares of Invesco QQQ by 5.0% within the third quarter. Skyline Advisors Inc. now owns 441 shares of the trade traded fund’s inventory value $215,000 after buying a further 21 shares within the final quarter. Sweeney & Michel LLC grew its place in Invesco QQQ by 4.0% through the second quarter. Sweeney & Michel LLC now owns 575 shares of the trade traded fund’s inventory valued at $286,000 after shopping for a further 22 shares through the interval. Household Agency Inc. grew its place in Invesco QQQ by 3.1% through the second quarter. Household Agency Inc. now owns 738 shares of the trade traded fund’s inventory valued at $354,000 after shopping for a further 22 shares through the interval. Lastly, MPS Loria Monetary Planners LLC grew its place in Invesco QQQ by 0.8% through the third quarter. MPS Loria Monetary Planners LLC now owns 2,656 shares of the trade traded fund’s inventory valued at $1,297,000 after shopping for a further 22 shares through the interval. Institutional buyers and hedge funds personal 44.58% of the corporate’s inventory.
Invesco QQQ Inventory Efficiency
QQQ opened at $495.96 on Wednesday. The agency has a 50-day transferring common of $479.23 and a 200 day transferring common of $465.96. Invesco QQQ has a fifty-two week low of $342.35 and a fifty-two week excessive of $503.52.
Invesco QQQ Cuts Dividend
The enterprise additionally not too long ago declared a quarterly dividend, which will probably be paid on Thursday, October thirty first. Buyers of file on Monday, September twenty third will probably be given a dividend of $0.677 per share. The ex-dividend date is Monday, September twenty third. This represents a $2.71 annualized dividend and a yield of 0.55%.
About Invesco QQQ
PowerShares QQQ Belief, Collection 1 is a unit funding belief that points securities known as Nasdaq-100 Index Monitoring Inventory. The Belief’s funding goal is to offer funding outcomes that typically correspond to the worth and yield efficiency of the Nasdaq-100 Index. The Belief gives buyers 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 element securities of the Nasdaq-100 Index.
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