Invesco QQQ (NASDAQ:QQQ) Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp lessened its holdings in Invesco QQQ (NASDAQ:QQQ) by 6.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 787 shares of the exchange traded fund’s stock after selling 50 shares during the period. Boston Trust Walden Corp’s holdings in Invesco QQQ were worth $377,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Prospect Financial Services LLC raised its holdings in Invesco QQQ by 0.3% in the 2nd quarter. Prospect Financial Services LLC now owns 6,385 shares of the exchange traded fund’s stock valued at $3,059,000 after acquiring an additional 21 shares in the last quarter. Sweeney & Michel LLC boosted its stake in Invesco QQQ by 4.0% during the second quarter. Sweeney & Michel LLC now owns 575 shares of the exchange traded fund’s stock worth $286,000 after buying an additional 22 shares in the last quarter. Summit X LLC boosted its stake in Invesco QQQ by 0.4% during the fourth quarter. Summit X LLC now owns 5,983 shares of the exchange traded fund’s stock worth $2,451,000 after buying an additional 24 shares in the last quarter. CarsonAllaria Wealth Management Ltd. increased its holdings in Invesco QQQ by 30.4% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 103 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 24 shares during the period. Finally, Second Line Capital LLC raised its stake in shares of Invesco QQQ by 2.6% in the 1st quarter. Second Line Capital LLC now owns 951 shares of the exchange traded fund’s stock valued at $422,000 after buying an additional 24 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Stock Up 0.1 %

NASDAQ:QQQ opened at $475.03 on Monday. The company has a 50-day moving average of $474.36 and a 200-day moving average of $451.94. Invesco QQQ has a 52 week low of $342.35 and a 52 week high of $503.52.

Invesco QQQ Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, June 24th were issued a dividend of $0.7615 per share. This represents a $3.05 dividend on an annualized basis and a yield of 0.64%. This is an increase from Invesco QQQ’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend was 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.