Fort Sheridan Advisors LLC Purchases 301 Shares of Invesco QQQ Trust (NASDAQ:QQQ)

Fort Sheridan Advisors LLC raised its position in shares of Invesco QQQ Trust (NASDAQ:QQQGet Rating) by 10.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,064 shares of the exchange traded fund’s stock after purchasing an additional 301 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Invesco QQQ Trust were worth $1,111,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Regency Capital Management Inc. DE purchased a new position in shares of Invesco QQQ Trust during the 4th quarter valued at about $27,000. CarsonAllaria Wealth Management Ltd. purchased a new position in Invesco QQQ Trust in the 4th quarter worth approximately $29,000. William Allan LLC purchased a new position in Invesco QQQ Trust in the 4th quarter worth approximately $36,000. Arcadia Investment Management Corp MI purchased a new position in Invesco QQQ Trust in the 1st quarter worth approximately $36,000. Finally, Aquire Wealth Advisors LLC purchased a new position in Invesco QQQ Trust in the 4th quarter worth approximately $37,000. 42.74% of the stock is currently owned by institutional investors.

Invesco QQQ Trust Price Performance

NASDAQ QQQ opened at $321.75 on Friday. Invesco QQQ Trust has a 12 month low of $269.28 and a 12 month high of $408.71. The stock’s 50 day moving average is $295.77 and its 200 day moving average is $322.51.

Invesco QQQ Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 29th. Stockholders of record on Wednesday, June 22nd were issued a dividend of $0.527 per share. This represents a $2.11 annualized dividend and a dividend yield of 0.66%. This is a boost from Invesco QQQ Trust’s previous quarterly dividend of $0.43. The ex-dividend date was Tuesday, June 21st.

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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