Harel Insurance Investments & Financial Services Ltd. Has $1.20 Million Holdings in Invesco QQQ Trust (QQQ)

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Harel Insurance Investments & Financial Services Ltd. reduced its position in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 28.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,456 shares of the exchange traded fund’s stock after selling 2,595 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Invesco QQQ Trust were worth $1,199,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in QQQ. Signature Estate & Investment Advisors LLC acquired a new stake in shares of Invesco QQQ Trust in the second quarter worth approximately $104,000. Providence Capital Advisors LLC boosted its position in shares of Invesco QQQ Trust by 487.4% in the second quarter. Providence Capital Advisors LLC now owns 605 shares of the exchange traded fund’s stock worth $104,000 after acquiring an additional 502 shares during the last quarter. Opera Trading Capital acquired a new stake in shares of Invesco QQQ Trust in the second quarter worth approximately $112,000. Quad Cities Investment Group LLC acquired a new stake in shares of Invesco QQQ Trust in the second quarter worth approximately $128,000. Finally, MinichMacGregor Wealth Management LLC acquired a new stake in shares of Invesco QQQ Trust in the second quarter worth approximately $143,000. 39.19% of the stock is currently owned by institutional investors.

QQQ opened at $163.23 on Tuesday. Invesco QQQ Trust has a 1 year low of $150.13 and a 1 year high of $187.53.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Tuesday, September 25th will be given a $0.3298 dividend. The ex-dividend date of this dividend is Monday, September 24th. This represents a $1.32 annualized dividend and a dividend yield of 0.81%.

About Invesco QQQ Trust

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.

Further Reading: Bond

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 Trust (NASDAQ:QQQ).

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

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