Total Investment Management Inc. Has $1.27 Million Stock Position in Invesco QQQ (NASDAQ:QQQ)

Total Investment Management Inc. increased its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 3.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,482 shares of the exchange traded fund’s stock after acquiring an additional 77 shares during the period. Invesco QQQ comprises approximately 0.2% of Total Investment Management Inc.’s investment portfolio, making the stock its 24th largest holding. Total Investment Management Inc.’s holdings in Invesco QQQ were worth $1,269,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. International Assets Investment Management LLC boosted 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 purchasing an additional 32,516,210 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of Invesco QQQ by 47,853.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,113,968 shares of the exchange traded fund’s stock worth $2,103,184,000 after buying an additional 4,105,389 shares during the last quarter. Toronto Dominion Bank lifted its stake 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 buying an additional 488,815 shares during the last quarter. Cibc World Market Inc. boosted its holdings in shares of Invesco QQQ by 90.0% during the 4th quarter. Cibc World Market Inc. now owns 686,117 shares of the exchange traded fund’s stock worth $350,764,000 after buying an additional 324,948 shares during the period. Finally, Empirical Asset Management LLC grew its stake in Invesco QQQ by 15,676.3% in the 4th quarter. Empirical Asset Management LLC now owns 202,883 shares of the exchange traded fund’s stock valued at $103,720,000 after buying an additional 201,597 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $538.15 on Monday. Invesco QQQ has a twelve month low of $413.07 and a twelve month high of $539.15. The company’s 50-day moving average price is $522.38 and its two-hundred day moving average price is $498.14.

Invesco QQQ Dividend Announcement

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