Catalina Capital Group LLC cut its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,057 shares of the exchange traded fund’s stock after selling 119 shares during the quarter. Catalina Capital Group LLC’s holdings in Invesco QQQ were worth $1,563,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. International Assets Investment Management LLC lifted its stake in shares of Invesco QQQ by 46,491.6% in 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 in the last quarter. Toronto Dominion Bank raised its position in shares of 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 purchasing an additional 488,815 shares in the last quarter. Cibc World Market Inc. boosted its stake in shares of Invesco QQQ by 90.0% during the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock valued at $350,764,000 after buying an additional 324,948 shares during the last quarter. Empirical Asset Management LLC grew its position in shares of Invesco QQQ by 15,676.3% during the fourth quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock worth $103,720,000 after buying an additional 201,597 shares in the last quarter. Finally, Main Management ETF Advisors LLC increased its stake in shares of Invesco QQQ by 33.5% in the third quarter. Main Management ETF Advisors LLC now owns 731,920 shares of the exchange traded fund’s stock worth $357,228,000 after buying an additional 183,550 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.
Invesco QQQ Trading Down 0.1 %
NASDAQ QQQ opened at $522.29 on Monday. Invesco QQQ has a 12 month low of $413.07 and a 12 month high of $539.15. The company’s fifty day moving average price is $519.55 and its two-hundred day moving average price is $494.12.
Invesco QQQ Announces Dividend
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.
Further Reading
- Five stocks we like better than Invesco QQQ
- 3 Monster Growth Stocks to Buy Now
- 3 Underrated Robotics Stocks Poised for Major Growth
- Ride Out The Recession With These Dividend KingsĀ
- Reshoring Riches: Investing in Made in America 2.0
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- 3 REITs to Watch as Interest Rates Keep Falling
Want to see what other hedge funds are holding QQQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco QQQ (NASDAQ:QQQ – Free Report).
Receive News & Ratings for Invesco QQQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco QQQ and related companies with MarketBeat.com's FREE daily email newsletter.