Invesco QQQ (NASDAQ:QQQ) Shares Acquired by Intergy Private Wealth LLC

Intergy Private Wealth LLC lifted its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.2% in the 3rd quarter, Holdings Channel reports. The fund owned 118,081 shares of the exchange traded fund’s stock after buying an additional 202 shares during the period. Invesco QQQ comprises 22.0% of Intergy Private Wealth LLC’s investment portfolio, making the stock its biggest holding. Intergy Private Wealth LLC’s holdings in Invesco QQQ were worth $57,632,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Prospect Financial Services LLC increased its holdings in shares of Invesco QQQ by 0.3% in the second quarter. Prospect Financial Services LLC now owns 6,385 shares of the exchange traded fund’s stock valued at $3,059,000 after buying an additional 21 shares in the last quarter. Skyline Advisors Inc. grew its holdings in shares of Invesco QQQ by 5.0% in the 3rd quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock worth $215,000 after acquiring an additional 21 shares during the last quarter. Sweeney & Michel LLC raised its position in shares of Invesco QQQ by 4.0% during the second quarter. Sweeney & Michel LLC now owns 575 shares of the exchange traded fund’s stock worth $286,000 after purchasing an additional 22 shares during the period. Family Firm Inc. raised its position in shares of Invesco QQQ by 3.1% during the second quarter. Family Firm Inc. now owns 738 shares of the exchange traded fund’s stock worth $354,000 after purchasing an additional 22 shares during the period. Finally, Merriman Wealth Management LLC lifted its holdings in shares of Invesco QQQ by 0.5% during the second quarter. Merriman Wealth Management LLC now owns 5,044 shares of the exchange traded fund’s stock valued at $2,420,000 after purchasing an additional 23 shares during the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Shares of QQQ opened at $494.47 on Friday. The business’s 50-day moving average price is $477.68 and its 200 day moving average price is $464.82. Invesco QQQ has a 1-year low of $342.35 and a 1-year high of $503.52.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be given a $0.677 dividend. This represents a $2.71 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is 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.