Allworth Financial LP Acquires 73 Shares of Invesco QQQ Trust (NASDAQ:QQQ)

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Allworth Financial LP raised its holdings in shares of Invesco QQQ Trust (NASDAQ:QQQ) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,791 shares of the exchange traded fund’s stock after acquiring an additional 73 shares during the period. Allworth Financial LP’s holdings in Invesco QQQ Trust were worth $527,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of QQQ. Prospera Financial Services Inc bought a new stake in shares of Invesco QQQ Trust during the 2nd quarter valued at $8,993,000. Morgan Stanley raised its position in shares of Invesco QQQ Trust by 59.8% during the 2nd quarter. Morgan Stanley now owns 17,764,053 shares of the exchange traded fund’s stock valued at $3,317,260,000 after acquiring an additional 6,650,061 shares during the last quarter. Thoroughbred Financial Services LLC raised its position in shares of Invesco QQQ Trust by 19,082.5% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 5,919,517 shares of the exchange traded fund’s stock valued at $591,952,000 after acquiring an additional 5,888,658 shares during the last quarter. Mizuho Securities USA LLC raised its position in shares of Invesco QQQ Trust by 7,878.1% during the 2nd quarter. Mizuho Securities USA LLC now owns 1,259,582 shares of the exchange traded fund’s stock valued at $235,355,000 after acquiring an additional 1,243,794 shares during the last quarter. Finally, Charles Schwab Investment Advisory Inc. raised its position in shares of Invesco QQQ Trust by 158.7% during the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 1,532,770 shares of the exchange traded fund’s stock valued at $286,230,000 after acquiring an additional 940,217 shares during the last quarter. Institutional investors own 44.69% of the company’s stock.

Shares of QQQ traded up $1.81 during trading hours on Wednesday, reaching $187.23. The stock had a trading volume of 19,146,192 shares, compared to its average volume of 33,279,559. Invesco QQQ Trust has a 52 week low of $143.46 and a 52 week high of $195.55. The firm has a 50-day moving average of $188.54 and a 200 day moving average of $186.41.

The company also recently disclosed a — dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, September 24th will be given a $0.3842 dividend. This represents a dividend yield of 0.8%. The ex-dividend date is Monday, September 23rd.

Invesco QQQ Trust 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.

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

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