Invesco QQQ $QQQ is Japan Science & Technology Agency’s 7th Largest Position

Japan Science & Technology Agency lifted its position in Invesco QQQ (NASDAQ:QQQ) by 35.0% in the fourth quarter, Holdings Channel reports. The firm owned 403,081 shares of the exchange traded fund’s stock after buying an additional 104,414 shares during the period. Invesco QQQ accounts for 4.5% of Japan Science & Technology Agency’s investment portfolio, making the stock its 7th largest holding. Japan Science & Technology Agency’s holdings in Invesco QQQ were worth $247,617,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Paradigm Capital Management LLC NV increased its stake in shares of Invesco QQQ by 19.4% during the fourth quarter. Paradigm Capital Management LLC NV now owns 3,580 shares of the exchange traded fund’s stock valued at $2,199,000 after buying an additional 582 shares during the period. AAF Wealth Management LLC purchased a new position in shares of Invesco QQQ during the fourth quarter valued at $760,000. Orin Green Financial LLC increased its stake in shares of Invesco QQQ by 4.4% during the fourth quarter. Orin Green Financial LLC now owns 406 shares of the exchange traded fund’s stock valued at $249,000 after buying an additional 17 shares during the period. Tortoise Investment Management LLC increased its stake in shares of Invesco QQQ by 6.0% during the fourth quarter. Tortoise Investment Management LLC now owns 2,829 shares of the exchange traded fund’s stock valued at $1,738,000 after buying an additional 161 shares during the period. Finally, Csenge Advisory Group increased its stake in shares of Invesco QQQ by 2.2% during the fourth quarter. Csenge Advisory Group now owns 130,643 shares of the exchange traded fund’s stock valued at $80,256,000 after buying an additional 2,846 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock opened at $705.88 on Tuesday. The stock’s fifty day moving average price is $630.32 and its 200-day moving average price is $620.72. Invesco QQQ has a 12 month low of $505.58 and a 12 month high of $722.03.

Invesco QQQ Cuts Dividend

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