Invesco QQQ (NASDAQ:QQQ) Position Increased by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC boosted its stake in Invesco QQQ (NASDAQ:QQQ - Free Report) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,694 shares of the exchange traded fund's stock after purchasing an additional 3,249 shares during the period. Invesco QQQ makes up about 1.6% of Foster Victor Wealth Advisors LLC's investment portfolio, making the stock its 12th biggest holding. Foster Victor Wealth Advisors LLC's holdings in Invesco QQQ were worth $20,710,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also 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 last quarter. Toronto Dominion Bank boosted its stake in Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund's stock valued at $2,080,052,000 after acquiring an additional 488,815 shares during the last quarter. CHURCHILL MANAGEMENT Corp grew its holdings in Invesco QQQ by 0.8% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund's stock worth $940,676,000 after acquiring an additional 13,772 shares in the last quarter. Stifel Financial Corp increased its position in shares of Invesco QQQ by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund's stock worth $425,324,000 after purchasing an additional 2,572 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in shares of Invesco QQQ by 2.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 849,259 shares of the exchange traded fund's stock valued at $414,429,000 after purchasing an additional 18,833 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company's stock.

Invesco QQQ Trading Down 0.3 %

NASDAQ:QQQ traded down $1.81 during trading hours on Thursday, reaching $519.03. 9,816,266 shares of the stock were exchanged, compared to its average volume of 32,599,666. The firm has a 50 day simple moving average of $518.86 and a 200-day simple moving average of $493.75. Invesco QQQ has a 52 week low of $413.07 and a 52 week high of $539.15.

Invesco QQQ Dividend Announcement

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

Invesco QQQ 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.