Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Purchases 15,089 Shares of Invesco QQQ $QQQ

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD grew its stake in Invesco QQQ (NASDAQ:QQQ) by 5.8% during the second quarter, Holdings Channel.com reports. The fund owned 274,212 shares of the exchange traded fund’s stock after acquiring an additional 15,089 shares during the period. Invesco QQQ accounts for about 11.0% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s investment portfolio, making the stock its 2nd biggest position. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in Invesco QQQ were worth $151,518,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in QQQ. Compass Financial Services Inc grew its holdings in Invesco QQQ by 0.4% during the 1st quarter. Compass Financial Services Inc now owns 5,001 shares of the exchange traded fund’s stock worth $2,345,000 after acquiring an additional 19 shares in the last quarter. Vermillion Wealth Management Inc. boosted its stake in Invesco QQQ by 4.2% during the 2nd quarter. Vermillion Wealth Management Inc. now owns 491 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 20 shares during the period. Barrett & Company Inc. boosted its stake in Invesco QQQ by 14.9% during the 2nd quarter. Barrett & Company Inc. now owns 154 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 20 shares during the period. waypoint wealth counsel boosted its stake in Invesco QQQ by 0.6% during the 2nd quarter. waypoint wealth counsel now owns 3,560 shares of the exchange traded fund’s stock worth $1,964,000 after purchasing an additional 20 shares during the period. Finally, Investment Advisory Group LLC raised its position in Invesco QQQ by 0.4% during the 2nd quarter. Investment Advisory Group LLC now owns 5,726 shares of the exchange traded fund’s stock worth $3,158,000 after buying an additional 20 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $610.58 on Friday. Invesco QQQ has a one year low of $402.39 and a one year high of $613.18. The firm has a fifty day moving average of $589.82 and a two-hundred day moving average of $544.88.

Invesco QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 22nd will be issued a dividend of $0.694 per share. 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 yield of 0.5%.

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.