Rockefeller Capital Management L.P. Has $444.71 Million Position in Invesco QQQ (NASDAQ:QQQ)

Rockefeller Capital Management L.P. increased its position in Invesco QQQ (NASDAQ:QQQ - Free Report) by 2.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 870,077 shares of the exchange traded fund's stock after purchasing an additional 20,818 shares during the period. Invesco QQQ comprises about 1.2% of Rockefeller Capital Management L.P.'s investment portfolio, making the stock its 12th biggest holding. Rockefeller Capital Management L.P. owned 0.14% of Invesco QQQ worth $444,705,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of QQQ. Petros Family Wealth LLC bought a new stake in shares of Invesco QQQ in the fourth quarter valued at about $213,000. NFP Retirement Inc. increased its stake in shares of Invesco QQQ by 1.9% in the 4th quarter. NFP Retirement Inc. now owns 56,885 shares of the exchange traded fund's stock valued at $29,081,000 after buying an additional 1,040 shares during the period. Concorde Asset Management LLC grew its stake in shares of Invesco QQQ by 0.5% during the fourth quarter. Concorde Asset Management LLC now owns 18,939 shares of the exchange traded fund's stock worth $9,682,000 after purchasing an additional 99 shares during the period. Coign Capital Advisors LLC bought a new position in shares of Invesco QQQ during the fourth quarter worth $211,000. Finally, Integrity Financial Corp WA boosted its holdings in shares of Invesco QQQ by 1.9% in the fourth quarter. Integrity Financial Corp WA now owns 22,287 shares of the exchange traded fund's stock valued at $11,394,000 after buying an additional 410 shares during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Stock Down 1.9 %

Shares of QQQ stock traded down $8.75 during trading on Wednesday, reaching $449.24. The company's stock had a trading volume of 16,483,471 shares, compared to its average volume of 36,632,145. Invesco QQQ has a one year low of $402.39 and a one year high of $540.81. The company has a market cap of $288.03 billion, a price-to-earnings ratio of 30.05 and a beta of 1.11. The business has a fifty day moving average price of $487.51 and a 200-day moving average price of $502.02.

Invesco QQQ Cuts Dividend

The business 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 of this dividend is Monday, March 24th.

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.