PUREfi Wealth LLC Purchases 802 Shares of Invesco QQQ $QQQ

PUREfi Wealth LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 167.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,282 shares of the exchange traded fund’s stock after buying an additional 802 shares during the quarter. PUREfi Wealth LLC’s holdings in Invesco QQQ were worth $740,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of QQQ. Brighton Jones LLC boosted its position in Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock worth $19,605,000 after purchasing an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock worth $2,687,000 after buying an additional 176 shares during the last quarter. Jupiter Wealth Management LLC bought a new position in Invesco QQQ during the second quarter valued at about $290,000. Wealth Group Ltd. increased its holdings in Invesco QQQ by 283.7% during the second quarter. Wealth Group Ltd. now owns 24,629 shares of the exchange traded fund’s stock worth $13,587,000 after buying an additional 18,210 shares during the last quarter. Finally, Invesco Ltd. raised its position in Invesco QQQ by 1,057.3% in the second quarter. Invesco Ltd. now owns 33,063 shares of the exchange traded fund’s stock worth $18,239,000 after acquiring an additional 30,206 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Up 0.1%

QQQ opened at $713.61 on Monday. Invesco QQQ has a twelve month low of $549.58 and a twelve month high of $748.65. The company’s 50-day moving average price is $712.54 and its two-hundred day moving average price is $646.51.

Invesco QQQ Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 22nd will be paid a $0.8135 dividend. The ex-dividend date is Monday, June 22nd. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.73. This represents a $3.25 annualized dividend and a yield of 0.5%.

Key Headlines Impacting Invesco QQQ

Here are the key news stories impacting Invesco QQQ this week:

Invesco QQQ Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQFree Report).

Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.