Invesco QQQ $QQQ Stock Sold by Global View Capital Management LLC

Global View Capital Management LLC cut its stake in Invesco QQQ (NASDAQ:QQQ – Free Report) by 50.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 725 shares of the exchange traded fund’s stock after selling 750 shares during the period. Global View Capital Management LLC’s holdings in Invesco QQQ were worth $536,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in Invesco QQQ by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,038,610 shares of the exchange traded fund’s stock valued at $2,237,606,000 after buying an additional 30,083 shares during the period. Analyst IMS Investment Management Services Ltd. lifted its position in shares of Invesco QQQ by 0.3% during the 2nd quarter. Analyst IMS Investment Management Services Ltd. now owns 1,787,559 shares of the exchange traded fund’s stock worth $1,316,358,000 after buying an additional 4,751 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Invesco QQQ by 3.1% during the 2nd quarter. HighTower Advisors LLC now owns 1,230,679 shares of the exchange traded fund’s stock worth $906,272,000 after buying an additional 36,923 shares during the last quarter. GoalVest Advisory LLC boosted its stake in Invesco QQQ by 20,256.6% in the third quarter. GoalVest Advisory LLC now owns 613,955 shares of the exchange traded fund’s stock valued at $454,185,000 after buying an additional 610,939 shares in the last quarter. Finally, Corient Private Wealth LP boosted its stake in Invesco QQQ by 506.8% in the second quarter. Corient Private Wealth LP now owns 545,270 shares of the exchange traded fund’s stock valued at $401,553,000 after buying an additional 455,412 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

Invesco QQQ Trading Down 3.5%

Invesco QQQ stock opened at $690.49 on Friday. Invesco QQQ has a 12-month low of $555.60 and a 12-month high of $762.86. The business’s 50-day moving average price is $725.00 and its two-hundred day moving average price is $679.01.

Invesco QQQ Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Monday, September 21st were issued a dividend of $0.7514 per share. This is a drop from Invesco QQQ’s previous quarterly dividend of $0.8135. The ex-dividend date of this dividend was Monday, September 21st. This represents a $3.01 annualized dividend and a dividend yield of 0.4%.

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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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