Invesco QQQ Trust (QQQ) Shares Bought by Rational Advisors LLC

Rational Advisors LLC grew its position in Invesco QQQ Trust (NASDAQ:QQQ) by 18.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,384 shares of the exchange traded fund’s stock after acquiring an additional 3,136 shares during the period. Invesco QQQ Trust comprises approximately 1.6% of Rational Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Rational Advisors LLC’s holdings in Invesco QQQ Trust were worth $3,499,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the business. Signature Estate & Investment Advisors LLC acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth about $104,000. Bray Capital Advisors acquired a new position in shares of Invesco QQQ Trust during the 1st quarter worth about $107,000. Quad Cities Investment Group LLC acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth about $128,000. MinichMacGregor Wealth Management LLC acquired a new position in shares of Invesco QQQ Trust during the 2nd quarter worth about $143,000. Finally, Fieldpoint Private Securities LLC raised its position in shares of Invesco QQQ Trust by 125.0% during the 1st quarter. Fieldpoint Private Securities LLC now owns 900 shares of the exchange traded fund’s stock worth $144,000 after purchasing an additional 500 shares during the last quarter. Institutional investors and hedge funds own 41.93% of the company’s stock.

QQQ opened at $180.32 on Tuesday. Invesco QQQ Trust has a twelve month low of $140.18 and a twelve month high of $182.93.

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 31st. Investors of record on Tuesday, June 19th were given a dividend of $0.3764 per share. This represents a $1.51 annualized dividend and a dividend yield of 0.83%. The ex-dividend date was Monday, June 18th. This is an increase from Invesco QQQ Trust’s previous quarterly dividend of $0.28.

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.

Read More: Diversification in Your Portfolio

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

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