Invesco QQQ $QQQ Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC decreased its stake in shares of Invesco QQQ (NASDAQ:QQQFree Report) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70,440 shares of the exchange traded fund’s stock after selling 6,424 shares during the period. Invesco QQQ accounts for 0.9% of TD Private Client Wealth LLC’s portfolio, making the stock its 24th largest position. TD Private Client Wealth LLC’s holdings in Invesco QQQ were worth $43,272,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QQQ. SG Americas Securities LLC boosted its holdings in Invesco QQQ by 120.2% in the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock valued at $131,292,000 after acquiring an additional 1,270,102 shares during the last quarter. Analyst IMS Investment Management Services Ltd. boosted its holdings in Invesco QQQ by 68.6% in the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock valued at $1,075,091,000 after acquiring an additional 712,026 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco QQQ by 11.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,547,591 shares of the exchange traded fund’s stock valued at $2,179,321,000 after acquiring an additional 375,581 shares during the last quarter. NorthRock Partners LLC boosted its holdings in Invesco QQQ by 1,355.6% in the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock valued at $183,024,000 after acquiring an additional 283,909 shares during the last quarter. Finally, BXM Wealth LLC boosted its holdings in Invesco QQQ by 1,744.9% in the fourth quarter. BXM Wealth LLC now owns 219,962 shares of the exchange traded fund’s stock valued at $135,125,000 after acquiring an additional 208,039 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Price Performance

QQQ opened at $708.93 on Monday. The firm has a 50 day moving average price of $628.38 and a 200 day moving average price of $620.21. Invesco QQQ has a 1 year low of $505.58 and a 1 year high of $722.03.

Invesco QQQ Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.7328 per share. This represents a $2.93 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 23rd.

Key Headlines Impacting Invesco QQQ

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About Invesco QQQ

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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