Highview Capital Management LLC DE Increases Holdings in Invesco QQQ $QQQ

Highview Capital Management LLC DE increased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 28.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,878 shares of the exchange traded fund’s stock after purchasing an additional 413 shares during the quarter. Highview Capital Management LLC DE’s holdings in Invesco QQQ were worth $1,036,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in Invesco QQQ by 15.0% during the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after purchasing an additional 4,989 shares during the period. Revolve Wealth Partners LLC raised its position in Invesco QQQ by 3.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after acquiring an additional 176 shares in the last quarter. Wealth Group Ltd. lifted its holdings in Invesco QQQ by 305.2% in the first quarter. Wealth Group Ltd. now owns 6,419 shares of the exchange traded fund’s stock valued at $3,010,000 after acquiring an additional 4,835 shares during the period. Obermeyer Wealth Partners lifted its holdings in Invesco QQQ by 3.6% in the first quarter. Obermeyer Wealth Partners now owns 37,362 shares of the exchange traded fund’s stock valued at $17,520,000 after acquiring an additional 1,291 shares during the period. Finally, Ignite Planners LLC boosted its position in Invesco QQQ by 85.3% in the 1st quarter. Ignite Planners LLC now owns 7,989 shares of the exchange traded fund’s stock worth $3,848,000 after purchasing an additional 3,677 shares in the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 1.2%

Shares of NASDAQ QQQ opened at $596.31 on Wednesday. The firm’s 50 day simple moving average is $606.67 and its 200-day simple moving average is $567.44. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $637.01.

Invesco QQQ Increases Dividend

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

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.