Capital Investment Counsel LLC Has $10.37 Million Position in Invesco QQQ (NASDAQ:QQQ)

Capital Investment Counsel LLC lessened its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 0.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 20,275 shares of the exchange traded fund’s stock after selling 50 shares during the quarter. Invesco QQQ makes up approximately 1.7% of Capital Investment Counsel LLC’s portfolio, making the stock its 14th largest position. Capital Investment Counsel LLC’s holdings in Invesco QQQ were worth $10,365,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its position in 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 buying an additional 32,516,210 shares in the last quarter. Toronto Dominion Bank increased its holdings in 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 buying an additional 488,815 shares during the period. CHURCHILL MANAGEMENT Corp lifted its holdings in shares of Invesco QQQ by 0.8% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock worth $940,676,000 after acquiring an additional 13,772 shares during the period. Stifel Financial Corp boosted its position in shares of Invesco QQQ by 0.3% during the 3rd quarter. Stifel Financial Corp now owns 871,333 shares of the exchange traded fund’s stock valued at $425,324,000 after acquiring an additional 2,572 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in Invesco QQQ by 2.3% in 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 purchasing an additional 18,833 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Down 0.2 %

NASDAQ QQQ opened at $520.83 on Thursday. Invesco QQQ has a 1-year low of $413.07 and a 1-year high of $539.15. The stock’s 50 day moving average is $518.51 and its two-hundred day moving average is $493.56.

Invesco QQQ Announces Dividend

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

About Invesco QQQ

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.