Prairie Sky Financial Group LLC Buys 499 Shares of Invesco QQQ $QQQ

Key Points

• Prairie Sky Financial Group LLC increased its ownership in Invesco QQQ by 9.6% in Q2 2023, acquiring an additional 499 shares to hold a total of 5,711 shares, worth approximately $3,150,000.
• Invesco QQQ has recently announced a quarterly dividend increase from $0.59 to $0.694 per share, representing an annualized dividend of $2.78 and a yield of 0.5%.
• The stock opened at $602.22 and has a 52-week trading range from a low of $402.39 to a high of $613.18.

Prairie Sky Financial Group LLC boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 9.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,711 shares of the exchange traded fund's stock after acquiring an additional 499 shares during the quarter. Invesco QQQ accounts for 1.7% of Prairie Sky Financial Group LLC's portfolio, making the stock its 13th biggest holding. Prairie Sky Financial Group LLC's holdings in Invesco QQQ were worth $3,150,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Marshall & Sullivan Inc. WA purchased a new position in Invesco QQQ during the 2nd quarter valued at $41,000. Alpine Bank Wealth Management purchased a new position in Invesco QQQ during the 1st quarter valued at $50,000. Westend Capital Management LLC purchased a new position in Invesco QQQ during the 1st quarter valued at $51,000. Blume Capital Management Inc. boosted its holdings in Invesco QQQ by 105.0% during the 1st quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund's stock valued at $57,000 after acquiring an additional 2,536 shares during the period. Finally, Atlantic Private Wealth LLC boosted its holdings in Invesco QQQ by 3,000.0% during the 1st quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund's stock valued at $58,000 after acquiring an additional 120 shares during the period. Hedge funds and other institutional investors own 44.58% of the company's stock.

Invesco QQQ Stock Performance

QQQ opened at $602.22 on Thursday. The business has a fifty day moving average of $586.10 and a 200 day moving average of $538.48. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $613.18.

Invesco QQQ Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 22nd will be given a dividend of $0.694 per share. This is a boost from Invesco QQQ's previous quarterly dividend of $0.59. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.78 dividend on an annualized basis and a 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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