Invesco QQQ (NASDAQ:QQQ) Shares Sold by Allworth Financial LP

Allworth Financial LP decreased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 7.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 124,690 shares of the exchange traded fund’s stock after selling 10,157 shares during the period. Allworth Financial LP’s holdings in Invesco QQQ were worth $66,274,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. International Assets Investment Management LLC increased its stake in shares of Invesco QQQ by 46,491.6% during the 3rd 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 purchasing an additional 32,516,210 shares during the last quarter. Toronto Dominion Bank lifted its holdings in shares of Invesco QQQ by 13.0% during the 3rd quarter. Toronto Dominion Bank now owns 4,261,790 shares of the exchange traded fund’s stock worth $2,080,052,000 after acquiring an additional 488,815 shares during the period. Strategic Financial Concepts LLC boosted its stake in Invesco QQQ by 47,853.9% in the 4th 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 buying an additional 4,105,389 shares in the last quarter. CHURCHILL MANAGEMENT Corp grew its position in Invesco QQQ by 0.8% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 1,840,025 shares of the exchange traded fund’s stock valued at $940,676,000 after acquiring an additional 13,772 shares during the period. Finally, Stifel Financial Corp lifted its holdings in shares of Invesco QQQ by 0.3% during the third 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 during the period. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.4 %

NASDAQ:QQQ opened at $538.15 on Friday. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $539.15. The firm has a 50 day moving average of $522.38 and a 200-day moving average of $497.86.

Invesco QQQ Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.8347 dividend. The ex-dividend date 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.