<div id="readability-page-1"><p>Triumph Capital Management increased its position in  Invesco QQQ (NASDAQ:QQQ - Free Report) by 59.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,419 shares of the exchange traded fund's stock after acquiring an additional 4,649 shares during the period. Invesco QQQ comprises about  2.1% of Triumph Capital Management's investment portfolio, making the stock its 8th biggest holding. Triumph Capital Management's holdings in Invesco QQQ were worth $6,851,000 at the end of the most recent reporting period.</p><ul><li>Vanguard’s VUG ETF: The Ultimate Growth ETF for Your Portfolio</li></ul><p>Several other hedge funds have also bought and sold shares of QQQ. Alpine Bank Wealth Management bought a new stake in  Invesco QQQ during the first quarter valued at about $50,000.  Westend Capital Management LLC bought a new stake in  Invesco QQQ during the first quarter valued at about $51,000.  Blume Capital Management Inc. grew its holdings in  Invesco QQQ by 105.0% during the first quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund's stock valued at $57,000 after purchasing an additional 2,536 shares during the period.  Atlantic Private Wealth LLC grew its holdings in  Invesco QQQ by 3,000.0% during the first quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund's stock valued at $58,000 after purchasing an additional 120 shares during the period.  Finally, Putney Financial Group LLC bought a new stake in  Invesco QQQ during the fourth quarter valued at about $67,000. Institutional investors own  44.58% of the company's stock. </p><h2>Invesco QQQ Price Performance</h2><p>NASDAQ:QQQ opened at $591.68 on Tuesday. The stock has a 50-day simple moving average of $569.03 and a two-hundred day simple moving average of $521.27. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $591.79. </p><h2>Invesco QQQ Cuts Dividend</h2><ul><li>Forget QQQ: This ETF Marries the Magnificent 7 and Communications</li></ul><p>The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd were given a $0.5911 dividend. This represents a $2.36 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, June 23rd. </p><h2>About Invesco QQQ</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Invesco QQQ</li><li>Do ETFs Pay Dividends? What You Need to Know</li><li>Reddit Hits Record Highs: Why Wall Street Is Taking Notice</li><li>How to Calculate Inflation Rate</li><li>After a Strong Wall Street Debut, Klarna's Real Work Begins</li><li>Profitably Trade Stocks at 52-Week Highs</li><li>3 Dividend Growers That Fly Under the Radar</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UVFR?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UVFR"/></p><ul><li>Microsoft’s AI Bet Faces a Major Test This Earnings Season</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Invesco QQQ Right Now?</h2><p>Before you consider Invesco QQQ, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco QQQ wasn't on the list.</p><p>While Invesco QQQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Triumph Capital Management increased its holdings in Invesco QQQ by 59.8% in Q2, owning 12,419 shares valued at $6.85 million. This makes QQQ the firm's 8th largest holding, comprising 2.1% of its portfolio. Other hedge funds have also invested in QQQ, with institutional investors owning 44.58% of the stock. The ETF has a current price of $591.68, with a 52-week range of $402.39 to $591.79. A quarterly dividend of $0.5911 was recently paid to shareholders.</p>

- Triumph Capital Management increased its position in Invesco QQQ by 59.8% in Q2, owning 12,419 shares valued at $6,851,000.  
- Several hedge funds also acquired stakes in Invesco QQQ, with notable increases from Blume Capital Management and Atlantic Private Wealth LLC.  
- Invesco QQQ has a current price of $591.68, with a 52-week range of $402.39 to $591.79, and recently paid a quarterly dividend of $0.5911.

Triumph Capital Management Has $6.85 Million Holdings in Invesco QQQ $QQQ