Invesco QQQ Trust (NASDAQ:QQQ) Shares Sold by Putnam FL Investment Management Co.

Putnam FL Investment Management Co. trimmed its position in Invesco QQQ Trust (NASDAQ:QQQ) by 4.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,965 shares of the exchange traded fund’s stock after selling 2,635 shares during the quarter. Putnam FL Investment Management Co.’s holdings in Invesco QQQ Trust were worth $10,824,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. United Capital Management of KS Inc. raised its stake in shares of Invesco QQQ Trust by 5.1% in the 2nd quarter. United Capital Management of KS Inc. now owns 21,735 shares of the exchange traded fund’s stock valued at $4,113,000 after acquiring an additional 1,055 shares during the period. Atlas Capital Advisors LLC purchased a new stake in shares of Invesco QQQ Trust in the 2nd quarter valued at approximately $191,000. Hanson McClain Inc. raised its stake in shares of Invesco QQQ Trust by 4.7% in the 2nd quarter. Hanson McClain Inc. now owns 2,718 shares of the exchange traded fund’s stock valued at $508,000 after acquiring an additional 121 shares during the period. Appleton Partners Inc. MA raised its stake in shares of Invesco QQQ Trust by 5.6% in the 2nd quarter. Appleton Partners Inc. MA now owns 2,945 shares of the exchange traded fund’s stock valued at $550,000 after acquiring an additional 157 shares during the period. Finally, Financial Advisory Service Inc. raised its stake in shares of Invesco QQQ Trust by 14.9% in the 2nd quarter. Financial Advisory Service Inc. now owns 3,457 shares of the exchange traded fund’s stock valued at $646,000 after acquiring an additional 447 shares during the period. Institutional investors own 41.21% of the company’s stock.

Shares of Invesco QQQ Trust stock traded up $0.96 on Tuesday, reaching $181.69. The company had a trading volume of 2,935,193 shares, compared to its average volume of 26,320,026. The business has a 50 day simple moving average of $190.35. Invesco QQQ Trust has a 52-week low of $143.46 and a 52-week high of $195.55.

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Tuesday, June 25th were paid a $0.416 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date was Monday, June 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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