Carolinas Wealth Consulting LLC Buys 120 Shares of Invesco QQQ (NASDAQ:QQQ)

Carolinas Wealth Consulting LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ) by 3.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,281 shares of the exchange traded fund’s stock after buying an additional 120 shares during the period. Carolinas Wealth Consulting LLC’s holdings in Invesco QQQ were worth $1,572,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of QQQ. Atwater Malick LLC bought a new position in shares of Invesco QQQ in the 1st quarter worth about $293,000. Westwood Holdings Group Inc. lifted its holdings in shares of Invesco QQQ by 14.1% during the first quarter. Westwood Holdings Group Inc. now owns 16,155 shares of the exchange traded fund’s stock valued at $7,173,000 after purchasing an additional 1,993 shares during the last quarter. GenWealth Group Inc. boosted its position in shares of Invesco QQQ by 5.8% in the 1st quarter. GenWealth Group Inc. now owns 42,457 shares of the exchange traded fund’s stock worth $18,851,000 after purchasing an additional 2,325 shares in the last quarter. Socha Financial Group LLC grew its stake in shares of Invesco QQQ by 1.3% in the 1st quarter. Socha Financial Group LLC now owns 88,948 shares of the exchange traded fund’s stock worth $39,494,000 after buying an additional 1,153 shares during the last quarter. Finally, SVB Wealth LLC increased its position in Invesco QQQ by 15.2% during the 1st quarter. SVB Wealth LLC now owns 18,559 shares of the exchange traded fund’s stock valued at $8,240,000 after buying an additional 2,453 shares in the last quarter. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 0.4 %

Shares of NASDAQ:QQQ opened at $471.44 on Thursday. The stock has a fifty day simple moving average of $468.49 and a two-hundred day simple moving average of $457.89. Invesco QQQ has a 12-month low of $342.35 and a 12-month high of $503.52.

Invesco QQQ Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, June 24th were paid a $0.7615 dividend. This is a boost from Invesco QQQ’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend was Monday, June 24th. This represents a $3.05 dividend on an annualized basis and a yield of 0.65%.

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.