Invesco QQQ $QQQ Shares Sold by Autumn Glory Partners LLC

Key Points

• Autumn Glory Partners LLC reduced its holdings in Invesco QQQ by 36.4%, selling 654 shares during the second quarter, bringing their total to 1,144 shares valued at approximately $631,000.
• Several large investors, including GSG Advisors LLC and Amundi, increased their stakes in Invesco QQQ by factors ranging from 6.3% to 46.5% in the first quarter.
• Invesco QQQ announced a quarterly dividend increase to $0.694, up from the previous $0.59, with the new dividend payable on October 31st.

Autumn Glory Partners LLC reduced its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 36.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,144 shares of the exchange traded fund's stock after selling 654 shares during the quarter. Autumn Glory Partners LLC's holdings in Invesco QQQ were worth $631,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. GSG Advisors LLC boosted its holdings in shares of Invesco QQQ by 8.2% in the first quarter. GSG Advisors LLC now owns 7,726 shares of the exchange traded fund's stock valued at $3,600,000 after acquiring an additional 585 shares during the period. Amundi boosted its holdings in shares of Invesco QQQ by 6.3% in the first quarter. Amundi now owns 110,903 shares of the exchange traded fund's stock valued at $49,980,000 after acquiring an additional 6,600 shares during the period. Jackson Wealth Management LLC boosted its holdings in shares of Invesco QQQ by 8.6% in the first quarter. Jackson Wealth Management LLC now owns 20,105 shares of the exchange traded fund's stock valued at $9,428,000 after acquiring an additional 1,586 shares during the period. Greykasell Wealth Strategies Inc. boosted its holdings in shares of Invesco QQQ by 8.4% in the first quarter. Greykasell Wealth Strategies Inc. now owns 7,782 shares of the exchange traded fund's stock valued at $3,649,000 after acquiring an additional 605 shares during the period. Finally, AM Investment Strategies LLC grew its stake in shares of Invesco QQQ by 46.5% in the 1st quarter. AM Investment Strategies LLC now owns 1,927 shares of the exchange traded fund's stock valued at $904,000 after purchasing an additional 612 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.8%

Shares of QQQ stock opened at $607.71 on Tuesday. The business's 50 day moving average is $580.65 and its two-hundred day moving average is $533.42. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $609.36.

Invesco QQQ Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 22nd will be paid a $0.694 dividend. This is an increase from Invesco QQQ's previous quarterly dividend of $0.59. The ex-dividend date is Monday, September 22nd. This represents a $2.78 annualized dividend and a dividend yield of 0.5%.

Invesco QQQ Company 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.

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