Nvest Financial LLC lifted its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 16.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,384 shares of the exchange traded fund's stock after acquiring an additional 910 shares during the period. Invesco QQQ makes up 1.7% of Nvest Financial LLC's holdings, making the stock its 15th biggest holding. Nvest Financial LLC's holdings in Invesco QQQ were worth $3,264,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in QQQ. AQR Capital Management LLC increased its position in shares of Invesco QQQ by 332.0% during the 2nd quarter. AQR Capital Management LLC now owns 12,041 shares of the exchange traded fund's stock valued at $5,769,000 after purchasing an additional 9,254 shares during the last quarter. 3Chopt Investment Partners LLC bought a new position in shares of Invesco QQQ during the 2nd quarter valued at approximately $226,000. RiverFront Investment Group LLC increased its position in Invesco QQQ by 13.0% in the second quarter. RiverFront Investment Group LLC now owns 133,997 shares of the exchange traded fund's stock worth $64,199,000 after buying an additional 15,393 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in Invesco QQQ in the 2nd quarter valued at about $104,000. Finally, NCP Inc. raised its position in shares of Invesco QQQ by 3.1% in the second quarter. NCP Inc. now owns 6,642 shares of the exchange traded fund's stock valued at $3,182,000 after purchasing an additional 198 shares during the period. Institutional investors and hedge funds own 44.58% of the company's stock.
Invesco QQQ Trading Down 0.3 %
Shares of NASDAQ:QQQ traded down $1.81 during trading on Thursday, hitting $519.03. 9,816,266 shares of the company were exchanged, compared to its average volume of 32,599,666. Invesco QQQ has a 52-week low of $413.07 and a 52-week high of $539.15. The stock has a 50 day moving average of $518.86 and a 200 day moving average of $493.75.
Invesco QQQ Dividend Announcement
The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors 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 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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