Invesco QQQ $QQQ is Juniper Hill Capital Management LP’s 4th Largest Position

Juniper Hill Capital Management LP reduced its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 16.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,987 shares of the exchange traded fund’s stock after selling 22,544 shares during the period. Invesco QQQ accounts for about 15.3% of Juniper Hill Capital Management LP’s investment portfolio, making the stock its 4th largest holding. Juniper Hill Capital Management LP’s holdings in Invesco QQQ were worth $62,880,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Morgan Dempsey Capital Management LLC bought a new stake in Invesco QQQ in the second quarter worth $30,000. Marshall & Sullivan Inc. WA purchased a new position in shares of Invesco QQQ in the 2nd quarter worth about $41,000. Moser Wealth Advisors LLC boosted its stake in Invesco QQQ by 930.0% in the 2nd quarter. Moser Wealth Advisors LLC now owns 103 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 93 shares in the last quarter. Blume Capital Management Inc. grew its position 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 purchasing an additional 2,536 shares during the last quarter. Finally, Atlantic Private Wealth LLC increased its stake 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 purchasing an additional 120 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Down 1.9%

Shares of NASDAQ:QQQ opened at $611.67 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The stock’s fifty day moving average price is $600.55 and its 200-day moving average price is $557.99.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Monday, September 22nd were paid a $0.694 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.59. This represents a $2.78 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, September 22nd.

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.