Invesco QQQ (NASDAQ:QQQ) Shares Sold by Windsor Capital Management LLC

Windsor Capital Management LLC cut its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 20.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 459 shares of the exchange traded fund’s stock after selling 116 shares during the period. Windsor Capital Management LLC’s holdings in Invesco QQQ were worth $204,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in QQQ. International Assets Investment Management LLC increased its position in shares of Invesco QQQ by 40,957.3% in the 4th quarter. International Assets Investment Management LLC now owns 28,332,433 shares of the exchange traded fund’s stock valued at $11,602,698,000 after acquiring an additional 28,263,426 shares during the period. Ameriprise Financial Inc. increased its position in shares of Invesco QQQ by 6.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,259,295 shares of the exchange traded fund’s stock valued at $1,530,696,000 after acquiring an additional 243,305 shares during the period. Global Assets Advisory LLC acquired a new position in shares of Invesco QQQ in the 1st quarter valued at $1,580,776,000. Commonwealth Equity Services LLC boosted its holdings in Invesco QQQ by 7.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,474,824 shares of the exchange traded fund’s stock valued at $1,013,490,000 after purchasing an additional 162,691 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp boosted its holdings in Invesco QQQ by 30.7% in the first quarter. CHURCHILL MANAGEMENT Corp now owns 1,846,386 shares of the exchange traded fund’s stock valued at $819,814,000 after purchasing an additional 433,317 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Price Performance

NASDAQ:QQQ traded up $0.99 during mid-day trading on Wednesday, hitting $480.37. The company’s stock had a trading volume of 22,075,131 shares, compared to its average volume of 41,237,059. Invesco QQQ has a 1 year low of $342.35 and a 1 year high of $486.86. The business’s fifty day moving average is $451.31 and its two-hundred day moving average is $435.05.

Invesco QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, June 24th will be issued a $0.7615 dividend. This represents a $3.05 annualized dividend and a yield of 0.63%. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Monday, June 24th.

Invesco QQQ Company 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.