Invesco QQQ Trust (NASDAQ:QQQ) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC raised its holdings in Invesco QQQ Trust (NASDAQ:QQQ) by 1,611.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,652 shares of the exchange traded fund’s stock after buying an additional 2,497 shares during the period. Larson Financial Group LLC’s holdings in Invesco QQQ Trust were worth $501,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Morgan Stanley raised its stake in Invesco QQQ Trust by 59.8% in the second quarter. Morgan Stanley now owns 17,764,053 shares of the exchange traded fund’s stock valued at $3,317,260,000 after buying an additional 6,650,061 shares in the last quarter. Prospera Financial Services Inc acquired a new stake in shares of Invesco QQQ Trust during the second quarter worth about $8,993,000. Thoroughbred Financial Services LLC increased its position in shares of Invesco QQQ Trust by 19,082.5% during the second quarter. Thoroughbred Financial Services LLC now owns 5,919,517 shares of the exchange traded fund’s stock worth $591,952,000 after purchasing an additional 5,888,658 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Invesco QQQ Trust by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,540,270 shares of the exchange traded fund’s stock worth $287,630,000 after purchasing an additional 97,802 shares in the last quarter. Finally, Charles Schwab Investment Advisory Inc. increased its position in shares of Invesco QQQ Trust by 158.7% during the second quarter. Charles Schwab Investment Advisory Inc. now owns 1,532,770 shares of the exchange traded fund’s stock worth $286,230,000 after purchasing an additional 940,217 shares in the last quarter. Institutional investors own 44.69% of the company’s stock.

Shares of QQQ traded up $3.67 during midday trading on Friday, reaching $192.35. 1,703,306 shares of the stock were exchanged, compared to its average volume of 30,691,644. The business’s 50-day moving average price is $188.56 and its 200 day moving average price is $186.46. Invesco QQQ Trust has a twelve month low of $143.46 and a twelve month high of $195.55.

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

Invesco QQQ Trust 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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