RVW Wealth LLC Reduces Holdings in Invesco QQQ (NASDAQ:QQQ)

RVW Wealth LLC trimmed its holdings in shares of Invesco QQQ (NASDAQ:QQQ - Free Report) by 2.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 20,723 shares of the exchange traded fund's stock after selling 496 shares during the period. Invesco QQQ makes up approximately 1.0% of RVW Wealth LLC's holdings, making the stock its 29th largest position. RVW Wealth LLC's holdings in Invesco QQQ were worth $10,594,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. 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 valued at $15,904,322,000 after acquiring an additional 32,516,210 shares in the last quarter. Toronto Dominion Bank lifted its position in 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 valued at $2,080,052,000 after acquiring an additional 488,815 shares in the last quarter. Empirical Asset Management LLC boosted its stake in Invesco QQQ by 15,676.3% during the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund's stock valued at $103,720,000 after purchasing an additional 201,597 shares during the last quarter. Main Management ETF Advisors LLC increased its holdings in shares of Invesco QQQ by 33.5% in the 3rd quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund's stock worth $357,228,000 after purchasing an additional 183,550 shares in the last quarter. Finally, Meridian Wealth Management LLC purchased a new position in shares of Invesco QQQ in the third quarter worth $77,091,000. 44.58% of the stock is owned by institutional investors.

Invesco QQQ Trading Down 0.1 %

Shares of Invesco QQQ stock traded down $0.76 during trading on Friday, hitting $522.29. 38,747,058 shares of the company's stock traded hands, compared to its average volume of 30,541,316. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The business has a 50-day simple moving average of $519.55 and a 200-day simple moving average of $494.13.

Invesco QQQ Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.8347 per share. 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.