Invesco QQQ $QQQ Holdings Boosted by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 49.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 251,774 shares of the exchange traded fund's stock after acquiring an additional 82,882 shares during the period. Jones Financial Companies Lllp's holdings in Invesco QQQ were worth $118,067,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Willis Johnson & Associates Inc. raised its holdings in shares of Invesco QQQ by 2.6% during the fourth quarter. Willis Johnson & Associates Inc. now owns 814 shares of the exchange traded fund's stock valued at $416,000 after buying an additional 21 shares during the last quarter. MTM Investment Management LLC raised its holdings in Invesco QQQ by 1.6% during the first quarter. MTM Investment Management LLC now owns 1,297 shares of the exchange traded fund's stock worth $613,000 after purchasing an additional 21 shares in the last quarter. Cutler Investment Counsel LLC raised its holdings in Invesco QQQ by 1.4% during the first quarter. Cutler Investment Counsel LLC now owns 1,513 shares of the exchange traded fund's stock worth $710,000 after purchasing an additional 21 shares in the last quarter. Mosaic Family Wealth Partners LLC raised its holdings in Invesco QQQ by 1.6% during the fourth quarter. Mosaic Family Wealth Partners LLC now owns 1,382 shares of the exchange traded fund's stock worth $707,000 after purchasing an additional 22 shares in the last quarter. Finally, Riverbend Wealth Management LLC raised its holdings in Invesco QQQ by 0.3% during the first quarter. Riverbend Wealth Management LLC now owns 8,172 shares of the exchange traded fund's stock worth $3,832,000 after purchasing an additional 22 shares in the last quarter. Institutional investors own 44.58% of the company's stock.

Invesco QQQ Price Performance

Shares of NASDAQ:QQQ opened at $586.66 on Friday. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $587.86. The stock's 50 day moving average price is $568.24 and its 200 day moving average price is $520.54.

Invesco QQQ Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Monday, June 23rd were given a $0.5911 dividend. The ex-dividend date was Monday, June 23rd. This represents a $2.36 annualized dividend and a yield of 0.4%.

About Invesco QQQ

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.

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