Signet Financial Management LLC Invests $213,000 in Invesco QQQ (NASDAQ:QQQ)

Signet Financial Management LLC bought a new stake in Invesco QQQ (NASDAQ:QQQ) in the fourth quarter, HoldingsChannel.com reports. The fund bought 417 shares of the exchange traded fund’s stock, valued at approximately $213,000.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of Invesco QQQ by 46,491.6% in the 3rd 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 purchasing an additional 32,516,210 shares during the period. Ameriprise Financial Inc. lifted its position in Invesco QQQ by 7.3% in the second quarter. Ameriprise Financial Inc. now owns 4,966,637 shares of the exchange traded fund’s stock worth $2,379,676,000 after buying an additional 338,494 shares during the last quarter. Toronto Dominion Bank boosted its stake in Invesco QQQ by 13.0% during the third quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after buying an additional 488,815 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Invesco QQQ by 1.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,199,214 shares of the exchange traded fund’s stock valued at $1,532,904,000 after acquiring an additional 33,790 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in shares of Invesco QQQ by 1.1% in the second quarter. Canada Pension Plan Investment Board now owns 1,800,000 shares of the exchange traded fund’s stock valued at $862,398,000 after acquiring an additional 20,000 shares during the period. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.3 %

QQQ stock opened at $505.56 on Tuesday. Invesco QQQ has a 12 month low of $402.92 and a 12 month high of $539.15. The company has a 50-day moving average price of $515.32 and a 200 day moving average price of $491.29.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.