Leslie Global Wealth LLC Purchases 734 Shares of Invesco QQQ $QQQ

Key Points

• Leslie Global Wealth LLC has increased its position in Invesco QQQ by 5.2%, now holding a total of 14,841 shares valued at approximately $6,959,000.
• A number of other large investors also increased their positions in Invesco QQQ, including RPG Investment Advisory LLC, which saw its holdings grow by 105.8%.
• Invesco QQQ recently disclosed a quarterly dividend of $0.5911 per share, with an annualized dividend yield of 0.4%.

Leslie Global Wealth LLC increased its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 5.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,841 shares of the exchange traded fund's stock after acquiring an additional 734 shares during the period. Invesco QQQ makes up 3.4% of Leslie Global Wealth LLC's portfolio, making the stock its 9th biggest position. Leslie Global Wealth LLC's holdings in Invesco QQQ were worth $6,959,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. RPG Investment Advisory LLC grew its position in Invesco QQQ by 105.8% in the 1st quarter. RPG Investment Advisory LLC now owns 6,282 shares of the exchange traded fund's stock valued at $2,946,000 after buying an additional 3,229 shares in the last quarter. Chicago Wealth Management Inc. grew its position in Invesco QQQ by 3.0% in the 1st quarter. Chicago Wealth Management Inc. now owns 16,081 shares of the exchange traded fund's stock valued at $7,541,000 after buying an additional 474 shares in the last quarter. Circle Wealth Management LLC grew its position in Invesco QQQ by 5.5% in the 1st quarter. Circle Wealth Management LLC now owns 55,098 shares of the exchange traded fund's stock valued at $25,837,000 after buying an additional 2,894 shares in the last quarter. D.B. Root & Company LLC grew its position in Invesco QQQ by 4.0% in the 1st quarter. D.B. Root & Company LLC now owns 1,829 shares of the exchange traded fund's stock valued at $857,000 after buying an additional 70 shares in the last quarter. Finally, Compound Planning Inc. grew its position in Invesco QQQ by 406.3% in the 1st quarter. Compound Planning Inc. now owns 31,224 shares of the exchange traded fund's stock valued at $14,641,000 after buying an additional 25,057 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Trading Down 0.5%

Shares of QQQ opened at $563.28 on Friday. The firm has a 50-day moving average price of $557.02 and a 200 day moving average price of $515.49. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $583.32.

Invesco QQQ Cuts Dividend

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

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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