Laidlaw Wealth Management LLC Sells 98 Shares of Invesco QQQ (NASDAQ:QQQ)

Laidlaw Wealth Management LLC cut its position in shares of Invesco QQQ (NASDAQ:QQQ) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,854 shares of the exchange traded fund’s stock after selling 98 shares during the period. Laidlaw Wealth Management LLC’s holdings in Invesco QQQ were worth $1,970,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of QQQ. International Assets Investment Management LLC increased its position 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 valued at $15,904,322,000 after purchasing an additional 32,516,210 shares during the period. Strategic Financial Concepts LLC increased its position in shares of Invesco QQQ by 47,853.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock valued at $2,103,184,000 after purchasing an additional 4,105,389 shares during the period. Toronto Dominion Bank increased its position in shares of 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 valued at $2,080,052,000 after purchasing an additional 488,815 shares during the period. Cibc World Market Inc. increased its position in shares of Invesco QQQ by 90.0% during the fourth quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock valued at $350,764,000 after purchasing an additional 324,948 shares during the period. Finally, Empirical Asset Management LLC increased 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 valued at $103,720,000 after purchasing an additional 201,597 shares during the period. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Up 0.2 %

Shares of NASDAQ:QQQ opened at $539.37 on Wednesday. The business’s fifty day moving average price is $523.07 and its two-hundred day moving average price is $499.53. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.00.

Invesco QQQ Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.8347 dividend. The ex-dividend date was Monday, December 23rd.

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.