Invesco QQQ (NASDAQ:QQQ) Shares Bought by Boston Financial Mangement LLC

Boston Financial Mangement LLC raised its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 42.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,446 shares of the exchange traded fund's stock after purchasing an additional 7,326 shares during the quarter. Boston Financial Mangement LLC's holdings in Invesco QQQ were worth $12,497,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of QQQ. International Assets Investment Management LLC increased its position in shares of Invesco QQQ by 46,491.6% during the third quarter. International Assets Investment Management LLC now owns 32,586,150 shares of the exchange traded fund's stock worth $15,904,322,000 after acquiring an additional 32,516,210 shares during the period. Strategic Financial Concepts LLC raised its position in Invesco QQQ by 47,853.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund's stock valued at $2,103,184,000 after purchasing an additional 4,105,389 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of Invesco QQQ by 13.0% in the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund's stock worth $2,080,052,000 after buying an additional 488,815 shares during the period. Cibc World Market Inc. grew its position in shares of Invesco QQQ by 90.0% during the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund's stock worth $350,764,000 after buying an additional 324,948 shares in the last quarter. Finally, Empirical Asset Management LLC increased its stake in shares of Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund's stock valued at $103,720,000 after buying an additional 201,597 shares during the period. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Stock Performance

Shares of QQQ stock traded down $11.14 on Friday, hitting $526.09. The stock had a trading volume of 41,497,109 shares, compared to its average volume of 30,288,176. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The business has a 50 day moving average price of $523.48 and a 200 day moving average price of $500.07.

Invesco QQQ Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

Invesco QQQ 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.