Banco Santander S.A. decreased its holdings in Invesco QQQ (NASDAQ:QQQ - Free Report) by 22.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 37,520 shares of the exchange traded fund's stock after selling 10,685 shares during the period. Banco Santander S.A.'s holdings in Invesco QQQ were worth $19,181,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of QQQ. PayPay Securities Corp boosted its holdings in shares of Invesco QQQ by 276.9% during the 4th quarter. PayPay Securities Corp now owns 49 shares of the exchange traded fund's stock valued at $25,000 after acquiring an additional 36 shares in the last quarter. Roxbury Financial LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at $37,000. Hoese & Co LLP boosted its holdings in shares of Invesco QQQ by 32.3% during the 4th quarter. Hoese & Co LLP now owns 82 shares of the exchange traded fund's stock valued at $42,000 after acquiring an additional 20 shares in the last quarter. Midwest Capital Advisors LLC acquired a new stake in shares of Invesco QQQ during the 4th quarter valued at $51,000. Finally, Legacy Bridge LLC boosted its holdings in shares of Invesco QQQ by 60.0% during the 3rd quarter. Legacy Bridge LLC now owns 120 shares of the exchange traded fund's stock valued at $59,000 after acquiring an additional 45 shares in the last quarter. Institutional investors own 44.58% of the company's stock.
Invesco QQQ Price Performance
Shares of NASDAQ QQQ traded up $3.59 during mid-day trading on Friday, hitting $491.79. 54,649,747 shares of the stock traded hands, compared to its average volume of 34,845,187. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $540.81. The company has a market cap of $309.95 billion, a PE ratio of 33.43 and a beta of 1.11. The firm has a 50 day simple moving average of $518.84 and a two-hundred day simple moving average of $503.99.
Invesco QQQ Dividend Announcement
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.8347 per share. The ex-dividend date was Monday, December 23rd.
Invesco QQQ Company Profile
(
Free Report)
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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