<div id="readability-page-1"><p>JPMorgan Chase &amp; Co. boosted its stake in  Invesco QQQ (NASDAQ:QQQ - Free Report) by 42.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 4,895,265 shares of the exchange traded fund's stock after purchasing an additional 1,457,109 shares during the quarter. JPMorgan Chase &amp; Co. owned about 0.77% of Invesco QQQ worth $2,700,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Income and Growth Potential: Which Multi-Asset ETFs Get It Right?</li></ul><p>Other hedge funds have also bought and sold shares of the company. Compass Financial Services Inc grew its position in  Invesco QQQ by 0.4% in the first quarter. Compass Financial Services Inc now owns 5,001 shares of the exchange traded fund's stock worth $2,345,000 after acquiring an additional 19 shares in the last quarter.  Vermillion Wealth Management Inc. boosted its holdings in shares of  Invesco QQQ by 4.2% in the 2nd quarter. Vermillion Wealth Management Inc. now owns 491 shares of the exchange traded fund's stock worth $271,000 after purchasing an additional 20 shares in the last quarter.  Barrett &amp; Company Inc. increased its position in shares of  Invesco QQQ by 14.9% during the 2nd quarter. Barrett &amp; Company Inc. now owns 154 shares of the exchange traded fund's stock valued at $85,000 after purchasing an additional 20 shares during the last quarter.  waypoint wealth counsel raised its holdings in shares of  Invesco QQQ by 0.6% during the 2nd quarter. waypoint wealth counsel now owns 3,560 shares of the exchange traded fund's stock valued at $1,964,000 after buying an additional 20 shares in the last quarter.  Finally, Investment Advisory Group LLC lifted its position in  Invesco QQQ by 0.4% in the 2nd quarter. Investment Advisory Group LLC now owns 5,726 shares of the exchange traded fund's stock worth $3,158,000 after buying an additional 20 shares during the last quarter. 44.58% of the stock is currently owned by institutional investors. </p><h2>Invesco QQQ Stock Up 0.8%</h2><p>Shares of QQQ opened at $590.07 on Friday. Invesco QQQ has a 1 year low of $402.39 and a 1 year high of $637.01. The stock has a 50 day simple moving average of $607.15 and a two-hundred day simple moving average of $568.52. </p><h2>Invesco QQQ Increases Dividend</h2><ul><li>Vanguard’s VUG ETF: The Ultimate Growth ETF for Your Portfolio</li></ul><p>The firm also recently announced a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Monday, September 22nd were issued a dividend of $0.694 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.78 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco QQQ's previous quarterly dividend of $0.59. </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>Further Reading</h2><ul><li>Five stocks we like better than Invesco QQQ</li><li>How is Compound Interest Calculated?</li><li>A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves</li><li>What Are Some of the Best Large-Cap Stocks to Buy?</li><li>12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming</li><li>How to Calculate Options Profits</li><li>Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?</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>Forget QQQ: This ETF Marries the Magnificent 7 and Communications</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 reporting and unbiased coverage. 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>JPMorgan Chase & Co. increased its stake in Invesco QQQ by 42.4% in Q2, owning 4,895,265 shares worth $2.7 billion. Other institutional investors also adjusted their holdings. Invesco QQQ's stock price opened at $590.07, with a 1-year range of $402.39 to $637.01. The ETF announced a quarterly dividend of $0.694 per share, up from $0.59.</p>

- JPMorgan Chase & Co. increased its stake in Invesco QQQ by 42.4%, owning 4,895,265 shares valued at approximately $2.7 billion as of the latest SEC filing.  
- Other institutional investors, including Compass Financial Services and Vermillion Wealth Management, also raised their positions in Invesco QQQ during the second quarter.  
- Invesco QQQ recently announced a quarterly dividend of $0.694 per share, reflecting an increase from the previous dividend, with a current yield of 0.5%.

JPMorgan Chase & Co. Raises Stock Holdings in Invesco QQQ $QQQ