OneDigital Investment Advisors LLC Has $22.72 Million Stake in Invesco QQQ (NASDAQ:QQQ)

OneDigital Investment Advisors LLC grew its position in shares of Invesco QQQ (NASDAQ:QQQ) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,544 shares of the exchange traded fund’s stock after buying an additional 295 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Invesco QQQ were worth $22,717,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of QQQ. International Assets Investment Management LLC boosted its holdings in Invesco QQQ by 46,491.6% during 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 buying an additional 32,516,210 shares during the last quarter. Steel Grove Capital Advisors LLC raised its position in shares of Invesco QQQ by 934.0% in the first 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 lifted its holdings in shares of Invesco QQQ by 18,691.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 2,777,351 shares of the exchange traded fund’s stock worth $13,307,000 after acquiring an additional 2,762,571 shares during the period. Granite Bay Wealth Management LLC boosted its stake in shares of Invesco QQQ by 6,215.5% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 908,924 shares of the exchange traded fund’s stock valued at $409,513,000 after purchasing an additional 894,532 shares in the last quarter. Finally, Harvard Management Co. Inc. bought a new stake in shares of Invesco QQQ during the first quarter worth $304,591,000. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Performance

NASDAQ QQQ traded down $1.06 on Thursday, reaching $511.19. The company had a trading volume of 7,653,221 shares, compared to its average volume of 38,098,516. Invesco QQQ has a fifty-two week low of $382.66 and a fifty-two week high of $515.58. The business has a 50 day moving average of $487.42 and a two-hundred day moving average of $473.42.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were given a dividend of $0.677 per share. This represents a $2.71 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Monday, September 23rd.

About Invesco QQQ

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.