Invesco QQQ (NASDAQ:QQQ) Shares Sold by Paladin Advisory Group LLC

Paladin Advisory Group LLC decreased its position in shares of Invesco QQQ (NASDAQ:QQQ) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,468 shares of the exchange traded fund’s stock after selling 299 shares during the period. Invesco QQQ accounts for approximately 2.5% of Paladin Advisory Group LLC’s portfolio, making the stock its 11th biggest holding. Paladin Advisory Group LLC’s holdings in Invesco QQQ were worth $3,307,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQ. International Assets Investment Management LLC increased its stake 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 worth $15,904,322,000 after acquiring an additional 32,516,210 shares during the period. Toronto Dominion Bank raised its stake in shares of Invesco QQQ by 13.0% during the 3rd 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 in the last quarter. CHURCHILL MANAGEMENT Corp lifted its holdings in shares of 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 buying an additional 13,772 shares during the period. Stifel Financial Corp boosted its stake in shares of Invesco QQQ by 0.3% in the third quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock valued at $425,324,000 after buying an additional 2,572 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Invesco QQQ by 2.3% during the third quarter. Rockefeller Capital Management L.P. now owns 849,259 shares of the exchange traded fund’s stock worth $414,429,000 after acquiring an additional 18,833 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.2 %

NASDAQ:QQQ opened at $520.83 on Thursday. The firm’s fifty day simple moving average is $518.51 and its 200-day simple moving average is $493.56. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15.

Invesco QQQ Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.8347 dividend. 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.