Invesco QQQ $QQQ Shares Sold by CPC Advisors LLC

CPC Advisors LLC reduced its position in Invesco QQQ (NASDAQ:QQQFree Report) by 8.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,537 shares of the exchange traded fund’s stock after selling 936 shares during the quarter. CPC Advisors LLC’s holdings in Invesco QQQ were worth $5,859,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC grew its position in shares of Invesco QQQ by 120.2% during the fourth quarter. SG Americas Securities LLC now owns 213,722 shares of the exchange traded fund’s stock worth $131,292,000 after buying an additional 1,270,102 shares in the last quarter. Analyst IMS Investment Management Services Ltd. grew its position in shares of Invesco QQQ by 68.6% during the fourth quarter. Analyst IMS Investment Management Services Ltd. now owns 1,750,079 shares of the exchange traded fund’s stock worth $1,075,091,000 after buying an additional 712,026 shares in the last quarter. Japan Science & Technology Agency acquired a new position in shares of Invesco QQQ during the third quarter worth about $179,311,000. NorthRock Partners LLC grew its position in shares of Invesco QQQ by 1,355.6% during the third quarter. NorthRock Partners LLC now owns 304,852 shares of the exchange traded fund’s stock worth $183,024,000 after buying an additional 283,909 shares in the last quarter. Finally, BXM Wealth LLC grew its position in shares of Invesco QQQ by 1,744.9% during the fourth quarter. BXM Wealth LLC now owns 219,962 shares of the exchange traded fund’s stock worth $135,125,000 after buying an additional 208,039 shares in the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

More Invesco QQQ News

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Invesco QQQ Price Performance

Shares of Invesco QQQ stock opened at $655.11 on Thursday. Invesco QQQ has a one year low of $452.88 and a one year high of $655.33. The business has a 50-day simple moving average of $603.84 and a 200-day simple moving average of $611.68.

Invesco QQQ Cuts Dividend

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

About Invesco QQQ

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco QQQ (NASDAQ:QQQ)

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