Shepherd Financial Partners LLC Purchases 117 Shares of Invesco QQQ (NASDAQ:QQQ)

by · The Cerbat Gem

Shepherd Financial Partners LLC raised its position in Invesco QQQ (NASDAQ:QQQ – Free Report) by 0.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,627 shares of the exchange traded fund’s stock after purchasing an additional 117 shares during the period. Invesco QQQ makes up about 0.7% of Shepherd Financial Partners LLC’s investment portfolio, making the stock its 23rd biggest holding. Shepherd Financial Partners LLC’s holdings in Invesco QQQ were worth $6,163,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Prospect Financial Services LLC raised its holdings in Invesco QQQ by 0.3% during the 2nd quarter. Prospect Financial Services LLC now owns 6,385 shares of the exchange traded fund’s stock worth $3,059,000 after purchasing an additional 21 shares during the last quarter. Skyline Advisors Inc. increased its stake in shares of Invesco QQQ by 5.0% in the 3rd quarter. Skyline Advisors Inc. now owns 441 shares of the exchange traded fund’s stock valued at $215,000 after acquiring an additional 21 shares in the last quarter. Sweeney & Michel LLC increased its stake in shares of Invesco QQQ by 4.0% in the 2nd quarter. Sweeney & Michel LLC now owns 575 shares of the exchange traded fund’s stock valued at $286,000 after acquiring an additional 22 shares in the last quarter. Family Firm Inc. increased its stake in shares of Invesco QQQ by 3.1% in the 2nd quarter. Family Firm Inc. now owns 738 shares of the exchange traded fund’s stock valued at $354,000 after acquiring an additional 22 shares in the last quarter. Finally, MPS Loria Financial Planners LLC increased its stake in shares of Invesco QQQ by 0.8% in the 3rd quarter. MPS Loria Financial Planners LLC now owns 2,656 shares of the exchange traded fund’s stock valued at $1,297,000 after acquiring an additional 22 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of NASDAQ:QQQ traded up $6.25 during mid-day trading on Friday, hitting $490.10. The company had a trading volume of 12,561,997 shares, compared to its average volume of 38,537,500. The firm has a fifty day moving average price of $481.65 and a 200 day moving average price of $468.15. Invesco QQQ has a one year low of $360.30 and a one year high of $503.52.

Invesco QQQ Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were paid a $0.677 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $2.71 annualized dividend and a dividend yield of 0.55%.

Invesco QQQ Company Profile

(Free Report)

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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