One Charles Private Wealth Services LLC Has $559,000 Position in Invesco QQQ $QQQ

One Charles Private Wealth Services LLC reduced its position in shares of Invesco QQQ (NASDAQ:QQQ) by 14.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,014 shares of the exchange traded fund’s stock after selling 178 shares during the quarter. One Charles Private Wealth Services LLC’s holdings in Invesco QQQ were worth $559,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Morgan Dempsey Capital Management LLC acquired a new position in shares of Invesco QQQ during the second quarter worth approximately $30,000. Marshall & Sullivan Inc. WA bought a new stake in shares of Invesco QQQ in the 2nd quarter worth approximately $41,000. Moser Wealth Advisors LLC grew its holdings in shares of Invesco QQQ by 930.0% during 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. Atlantic Private Wealth LLC lifted its position in Invesco QQQ by 3,000.0% in the first quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 120 shares during the period. Finally, Ransom Advisory Ltd bought a new stake in Invesco QQQ in the 1st quarter valued at $70,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

NASDAQ QQQ opened at $605.16 on Tuesday. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $637.01. The company’s 50-day simple moving average is $607.42 and its 200 day simple moving average is $570.55.

Invesco QQQ Increases Dividend

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

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.