6,931 Shares in Invesco QQQ Trust (QQQ) Purchased by Private Capital Advisors Inc.

Private Capital Advisors Inc. bought a new stake in Invesco QQQ Trust (NASDAQ:QQQ) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,931 shares of the exchange traded fund’s stock, valued at approximately $1,008,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Oppenheimer & Co. Inc. grew its holdings in shares of Invesco QQQ Trust by 6.5% during the second quarter. Oppenheimer & Co. Inc. now owns 209,072 shares of the exchange traded fund’s stock worth $35,888,000 after purchasing an additional 12,837 shares during the last quarter. North Star Investment Management Corp. grew its holdings in shares of Invesco QQQ Trust by 70.1% during the second quarter. North Star Investment Management Corp. now owns 4,942 shares of the exchange traded fund’s stock worth $848,000 after purchasing an additional 2,036 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco QQQ Trust by 7.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,477,438 shares of the exchange traded fund’s stock worth $253,613,000 after purchasing an additional 101,264 shares during the last quarter. Sfmg LLC grew its holdings in shares of Invesco QQQ Trust by 1.1% during the second quarter. Sfmg LLC now owns 220,820 shares of the exchange traded fund’s stock worth $37,904,000 after purchasing an additional 2,330 shares during the last quarter. Finally, Sterling Investment Management Inc. grew its holdings in shares of Invesco QQQ Trust by 6.0% during the second quarter. Sterling Investment Management Inc. now owns 7,738 shares of the exchange traded fund’s stock worth $1,328,000 after purchasing an additional 437 shares during the last quarter. Hedge funds and other institutional investors own 39.00% of the company’s stock.

NASDAQ:QQQ opened at $174.32 on Friday. Invesco QQQ Trust has a 1-year low of $146.33 and a 1-year high of $187.53.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Tuesday, September 25th will be paid a $0.3298 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Monday, September 24th.

Invesco QQQ Trust Company 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.

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Institutional Ownership by Quarter for Invesco QQQ Trust (NASDAQ:QQQ)

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