Invesco QQQ (NASDAQ:QQQ) is Prosperitas Financial LLC’s 3rd Largest Position

Prosperitas Financial LLC boosted its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 12.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,136 shares of the exchange traded fund’s stock after buying an additional 2,293 shares during the quarter. Invesco QQQ makes up approximately 5.6% of Prosperitas Financial LLC’s investment portfolio, making the stock its 3rd biggest holding. Prosperitas Financial LLC’s holdings in Invesco QQQ were worth $10,316,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of QQQ. International Assets Investment Management LLC grew its holdings in Invesco QQQ by 46,491.6% in the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund’s stock worth $15,904,322,000 after purchasing an additional 32,516,210 shares during the last quarter. Steel Grove Capital Advisors LLC increased its position in Invesco QQQ by 934.0% during the 1st quarter. Steel Grove Capital Advisors LLC now owns 3,434,759 shares of the exchange traded fund’s stock valued at $1,525,067,000 after buying an additional 3,102,568 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in Invesco QQQ by 18,691.3% in the second quarter. Strategic Financial Concepts LLC now owns 2,777,351 shares of the exchange traded fund’s stock valued at $13,307,000 after buying an additional 2,762,571 shares during the last quarter. Granite Bay Wealth Management LLC boosted its holdings in Invesco QQQ by 6,215.5% in the second quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock worth $409,513,000 after acquiring an additional 894,532 shares in the last quarter. Finally, Harvard Management Co. Inc. purchased a new stake in shares of Invesco QQQ during the first quarter worth about $304,591,000. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

QQQ opened at $487.43 on Friday. The firm’s 50-day moving average price is $481.80 and its 200-day moving average price is $468.80. Invesco QQQ has a 52-week low of $360.30 and a 52-week high of $503.52.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 23rd were paid a dividend of $0.677 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $2.71 dividend on an annualized basis and a yield of 0.56%.

Invesco QQQ 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.