Invesco QQQ $QQQ Shares Acquired by Banque Transatlantique SA

Key Points

• Banque Transatlantique SA increased its stake in Invesco QQQ by an unprecedented 6,488.3%, acquiring a total of 7,313 shares valued at approximately $3.17 million.
• Goldman Sachs Group Inc. also significantly expanded its position in Invesco QQQ by 959.6%, now holding over 24 million shares worth approximately $11.3 billion.
• Invesco QQQ recently disclosed a quarterly dividend of $0.5911 per share, yielding an annualized rate of $2.36 and a dividend yield of 0.4%.

Banque Transatlantique SA boosted its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 6,488.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,313 shares of the exchange traded fund's stock after buying an additional 7,202 shares during the period. Banque Transatlantique SA's holdings in Invesco QQQ were worth $3,169,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Eagle Capital Management LLC boosted its position in Invesco QQQ by 0.3% in the 4th quarter. Eagle Capital Management LLC now owns 60,686 shares of the exchange traded fund's stock worth $31,025,000 after purchasing an additional 185 shares in the last quarter. Brighton Jones LLC boosted its position in Invesco QQQ by 15.0% in the 4th quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund's stock worth $19,605,000 after purchasing an additional 4,989 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund's stock worth $2,687,000 after purchasing an additional 176 shares in the last quarter. First Trust Advisors LP purchased a new stake in Invesco QQQ in the 4th quarter worth approximately $610,000. Finally, Triumph Capital Management boosted its position in Invesco QQQ by 1.8% in the 4th quarter. Triumph Capital Management now owns 8,753 shares of the exchange traded fund's stock worth $4,475,000 after purchasing an additional 154 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Trading Up 0.9%

Invesco QQQ stock traded up $5.16 during mid-day trading on Thursday, hitting $575.23. The company had a trading volume of 47,304,907 shares, compared to its average volume of 43,876,056. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $583.32. The company's fifty day moving average is $564.69 and its 200-day moving average is $518.35.

Invesco QQQ Cuts Dividend

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