Bogart Wealth LLC Has $6.72 Million Holdings in Invesco QQQ Trust (NASDAQ:QQQ)

Bogart Wealth LLC increased its position in shares of Invesco QQQ Trust (NASDAQ:QQQGet Rating) by 9.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,543 shares of the exchange traded fund’s stock after purchasing an additional 1,525 shares during the quarter. Bogart Wealth LLC’s holdings in Invesco QQQ Trust were worth $6,723,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its position in Invesco QQQ Trust by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,859,812 shares of the exchange traded fund’s stock worth $1,933,476,000 after purchasing an additional 79,955 shares during the period. TD Asset Management Inc. lifted its position in Invesco QQQ Trust by 19.3% during the fourth quarter. TD Asset Management Inc. now owns 4,402,427 shares of the exchange traded fund’s stock worth $1,751,506,000 after purchasing an additional 712,630 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Invesco QQQ Trust by 1.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,662,761 shares of the exchange traded fund’s stock worth $1,059,379,000 after purchasing an additional 30,989 shares during the period. Advisor Group Holdings Inc. lifted its holdings in shares of Invesco QQQ Trust by 7.0% in the fourth quarter. Advisor Group Holdings Inc. now owns 2,649,833 shares of the exchange traded fund’s stock worth $854,352,000 after acquiring an additional 173,951 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of Invesco QQQ Trust by 8.3% in the fourth quarter. Fisher Asset Management LLC now owns 2,204,711 shares of the exchange traded fund’s stock worth $877,144,000 after acquiring an additional 168,682 shares during the last quarter. 42.74% of the stock is owned by institutional investors and hedge funds.

QQQ stock opened at $282.13 on Monday. Invesco QQQ Trust has a 12 month low of $269.28 and a 12 month high of $408.71. The firm has a 50-day moving average price of $298.13 and a 200-day moving average price of $337.21.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 29th. Investors of record on Wednesday, June 22nd will be issued a $0.527 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Tuesday, June 21st. This is a positive change from Invesco QQQ Trust’s previous quarterly dividend of $0.43.

Invesco QQQ Trust Company Profile (Get Rating)

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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