Invesco QQQ (NASDAQ:QQQ) Shares Sold by Atmos Capital Gestao DE Recursos LTDA.

Atmos Capital Gestao DE Recursos LTDA. reduced its position in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 46.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,127 shares of the exchange traded fund's stock after selling 2,767 shares during the period. Invesco QQQ accounts for about 0.3% of Atmos Capital Gestao DE Recursos LTDA.'s holdings, making the stock its 8th biggest holding. Atmos Capital Gestao DE Recursos LTDA.'s holdings in Invesco QQQ were worth $1,612,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of QQQ. Proficio Capital Partners LLC lifted its position in Invesco QQQ by 51,292.3% in the fourth quarter. Proficio Capital Partners LLC now owns 11,500,566 shares of the exchange traded fund's stock valued at $5,879,434,000 after buying an additional 11,478,188 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in shares of Invesco QQQ by 47,853.9% in 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 acquiring an additional 4,105,389 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Invesco QQQ by 0.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,116,706 shares of the exchange traded fund's stock worth $1,593,354,000 after acquiring an additional 27,115 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Invesco QQQ by 2.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,425,300 shares of the exchange traded fund's stock worth $1,239,886,000 after purchasing an additional 52,235 shares during the period. Finally, CHURCHILL MANAGEMENT Corp increased its holdings in Invesco QQQ by 0.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund's stock valued at $940,676,000 after purchasing an additional 13,772 shares during the last quarter. 44.58% of the stock is owned by hedge funds and other institutional investors.

Invesco QQQ Stock Up 1.1 %

NASDAQ:QQQ traded up $5.21 during trading hours on Friday, reaching $472.56. 38,606,996 shares of the stock were exchanged, compared to its average volume of 36,567,003. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $540.81. The business has a 50-day moving average of $475.73 and a two-hundred day moving average of $500.14. The company has a market capitalization of $302.39 billion, a price-to-earnings ratio of 28.58 and a beta of 1.11.

Invesco QQQ Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 24th will be issued a dividend of $0.7157 per share. The ex-dividend date is Monday, March 24th.

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.