Invesco QQQ (NASDAQ:QQQ) Shares Bought by Ameliora Wealth Management Ltd.

Ameliora Wealth Management Ltd. raised its stake in Invesco QQQ (NASDAQ:QQQ) by 15.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,290 shares of the exchange traded fund’s stock after acquiring an additional 1,000 shares during the period. Invesco QQQ accounts for approximately 1.5% of Ameliora Wealth Management Ltd.’s portfolio, making the stock its 23rd largest position. Ameliora Wealth Management Ltd.’s holdings in Invesco QQQ were worth $3,237,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of QQQ. Bank Hapoalim BM boosted its stake in shares of Invesco QQQ by 6.3% during the fourth quarter. Bank Hapoalim BM now owns 77,333 shares of the exchange traded fund’s stock worth $31,669,000 after buying an additional 4,549 shares during the period. Aviance Capital Partners LLC boosted its stake in shares of Invesco QQQ by 29.7% during the fourth quarter. Aviance Capital Partners LLC now owns 4,514 shares of the exchange traded fund’s stock worth $1,848,000 after buying an additional 1,033 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Invesco QQQ by 6.1% during the third quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock worth $1,530,696,000 after buying an additional 243,305 shares during the period. GenWealth Group Inc. boosted its stake in shares of Invesco QQQ by 5.8% during the first quarter. GenWealth Group Inc. now owns 42,457 shares of the exchange traded fund’s stock worth $18,851,000 after buying an additional 2,325 shares during the period. Finally, VitalStone Financial LLC boosted its stake in shares of Invesco QQQ by 302.0% during the third quarter. VitalStone Financial LLC now owns 21,403 shares of the exchange traded fund’s stock worth $8,099,000 after buying an additional 16,079 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Down 0.5 %

Shares of QQQ opened at $479.11 on Friday. Invesco QQQ has a fifty-two week low of $342.35 and a fifty-two week high of $487.20. The firm has a 50-day simple moving average of $454.85 and a 200-day simple moving average of $436.27.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, June 24th will be issued a dividend of $0.7615 per share. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.57. This represents a $3.05 annualized dividend and a yield of 0.64%. The ex-dividend date is Monday, June 24th.

Invesco QQQ Company 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.